Gary Karnes of Pacific Grove, was a long-time activist, community organizer, campaign consultant and local historian, who died Oct. 25, with his partner Heidi Feldman and her daughter Julia Triplett at his side, after a battle with prostate cancer. He was 76.
Classic Car Week Car Week (now, 10 days) is here. It brings tourists, business, and lots of cars to Monterey County. Certainly, some non-profits and good causes benefit from Car Week, but what is the impact on our environment? Has any publication ever conducted a carbon impact study that includes a look at the carbon footprint left […]
from the St Louis Fed
College degrees usually indicate higher income and wealth over those without. But this premium for those born more recently is getting smaller.
During a recent Dialogue with the Fed event, Assistant Vice President and Economist William R. Emmons discussed trends in income and wealth premiums for those with bachelor’s degrees and those with postgraduate degrees. His discussion was based on recently published research on the returns to college education, done with Ana Kent and Lowell Ricketts, both with the St. Louis Fed’s Center for Household Financial Stability.
Their research grouped families by birth year of the head of household, then further segmented the groups by race and ethnicity. They found that income and wealth premiums for those who graduated college have been generally trending down for subsequent birth decades. This was especially true for the wealth premium.