May 21, 2015
So Los Angeles is raising its minimum wage to $15 an hour by 2020, and then indexes the wage to inflation, so that it will never fall below this level in real terms.
May 12, 2015
There's supposed to be an ancient Chinese curse: May you live in interesting times.
Even if it's not ancient or Chinese, it captures a certain truth. World War II was riveting. The Black Death was so fascinating that no one could talk about anything else. On the other...
May 8, 2015
Just when we need such a deal most, however, we've deprived the parties of the tools to make one.
May 6, 2015
Two years in, there's a lot we still don't know about Obamacare. How many people will it end up insuring? What will the premiums look like? How much will the program cost?Some of these questions won't be answered satisfactorily for a while, if ever.
Apr 29, 2015
Was welfare reform a good idea? In the past few years, I've started to hear a common complaint from leftish policy wonks about the welfare reforms of 1996.
Apr 24, 2015
Can you build a house for less than $200,000?
Apr 16, 2015
On Monday, my Bloomberg View colleague Mark Gilbert explored a fretful question: Are we in the midst of yet another asset bubble? Stanley Druckenmiller, who helped George Soros "break the Bank of England" in 1992, thinks we are.
Apr 8, 2015
It is a truth universally acknowledged that Americans are underprepared for retirement. And given this sad fact, there's a growing movement on the left saying we need a government solution, stat: specifically, an expansion of Social Security benefits.