Category Archives: Exclusives
Risk: an unconventional approach
The comedian Robert “Bobcat” Goldthwaite had a routine about bad ideas, like the day someone decided to cook with an open flame on the Hindenburg. Or, in all seriousness, someone decided that it was a good idea to board an airship attached to a giant ball of flammable gas. What drives humans to make such [...]
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Why do wages rise in a recession?
This morning, Rutgers University released its Labor Scorecard, which confirmed the high unemployment figures published by the Labor Department earlier this week. Someone in the PR department at Rutgers caught this report on its way out the door and added a little spice to the press release, noting that “though unemployment has risen in 2009 [...]
Also posted in Money Tagged economics, great depression, Labor Day, recession, salary, unemployment, wages, working class 1 Comment
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