This Tuesday June 28, 2016, the AFL-CIO is holding a conference titled “Trading Up: A Critical Perspective on Jobs, Governance & Security in U.S. Trade Policy,” from 9:00 am to 5:00 pm in Washington, DC. The full program is here. Participants include Joseph Stiglitz, Dean Baker, Tom Palley, Rob Scott, Jeff Faux, among others.You can join online for what should be an lively and insightful debate—especially given recent developments around the Brexit and the Trans-Pacific Partnership...
Read More »CEO-to-worker pay ratios
New data by the AFL-CIO Executive Paywatch, available here. Note that union members do much better than nonunion members, and certainly than minimum wage workers. For more context read this EPI report. You must admit that the use of flawed neoclassical thinking is sometimes amusing. In this Bloomberg post, an 'expert' (aka hired gun) from a free market think tank (pro-corporations propaganda machine) says that the "AFL-CIO study [is] 'useless' because it compares two different labor markets...
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