48, 49, 50!
We’ve been counting our days since the Pesach (Passover) Seder. 50 days after we were freed from Egypt (Mitzrayim- a place of narrow straits), we were waiting by Mount Sinai (sorry- NOT in the “Sinai Peninsula”, more likely in Saudi Arabia, near an active volcano), to receive the 10 Commandments. Where the words were seen- yes, seen. I admit, until I saw the effects of a rocket plant explosion in Henderson, Nevada, I had no idea you really could see “sound”. Not surprising that those in attendance were totally awed…
Continue reading Sh’vuot- the Feast of Weeks.
If you live in the States, the odds are you have no clue that today is “Decoration Day”. Then, it was always the 30th of May. Not the “If it’s Monday, we need a holiday” version we are celebrating today (the 29th of May).
Continue reading It’s not just a day off.
You know those claims about tax loopholes? OK. They aren’t claims, they are basically true. The problem is that one person’s loophole is another’s tax preference. After all, those who rent their homes don’t get any assistance, but those who borrow $ 999,999 to pay off their home in 30 years- they get to deduct their mortgages. And, we know that those who rent are generally of lower income than those who have these high mortgages.
Continue reading Standard Vocabulary?
Productivity. We keep hearing that productivity is down- again. And, why do we care? Because productivity has been the prime driver of economic growth for decades.
Continue reading Faster? Better?
This is a fun study. First, let’s talk about the two folks who performed this research. A husband and wife. Who like to visit restaurants. And, wanted to know whether a change in the minimum wage really does cause restaurants to close.
Continue reading Minimum Wage Pressure
While I was publicizing my blog on Facebook yesterday, I was dumbstruck when I saw a note appear. Very short- very unsweet. “it was a pleasure knowing you u were a true inspiration to us all rip Elliot Richard Dorfman you will be missed“.
Continue reading Who are these strangers?
On Friday, I wrote about the income inequality problem. Well, that discussion really has been one of the recurring themes of my blog- because the problem is so widespread. (I even have published a monograph on the subject.)
Continue reading Wage deflation