Member-only story
WFD | Trying To Get A Grip
| Kim Stanley Robinson | Softbank Effect | Impact of Higher Minimum Wages | Convoy Funding | Google and Unionization | Breastmilk Policies |
Beacon NY | 2019–11–25 | Head down, typing so much my fingers hurt.
Quote of the Day
History is a record of humanity trying to get a grip.
| Kim Stanley Robinson, 2140
Readings
The SoftBank Effect: How $100 Billion Left Workers in a Hole | Pushing too much money into ecosystems that rely on ‘contractors’ to bear costs of their own involvement, and then cutting the platform cashflow leads to huge whiplash, harming the invested contractors.
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As Push for Higher Minimum Wages Grows, New York Offers a Test Case | Jeanna Smialek reports on research about the impacts of higher minimum wages. The findings are mixed, but it appears that recent increases have not pushed people out of work in great numbers, if at all:
Across seven states, recent pay increases have not clearly pushed people out of jobs, Arindrajit Dube, an economist at the University of Massachusetts Amherst, found in an analysis published this month.
