Lawrence Mishel
Lawrence Mishel is the former president of the Economic Policy Institute and editor of “Not So Free to Contract: The Law, Philosophy, and Economics of Unequal Workplace Power.”
Posted inEconomic Policy
Rising Tides, Sinking Wages
The economy has grown, productivity is up, profits are soaring. There’s just one problem: Americans’ standard of living.
Posted inEconomic Policy
Behind the Numbers: Capital’s Gain
Contrary to the conventional view among economists, the shares of national income going to capital and labor have shifted. Capital’s gain has been labor’s loss.
Posted inWorking in America
The Myth of the Coming Labor Shortage
According to the Department of Labor, the demand for higher skills is rising rapidly, while the “quality” of America’s workforce is declining. Neither assertion is true, but the mythology is steering policymakers in the wrong direction, away from eff