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10 Tuesday AM Reads - The Big Picture

10 Tuesday AM Reads - The Big Picture
ritholtz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ritholtz.com Daily Mail and Mail on Sunday newspapers.

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Ebrahim Raisi News | Latest News

Ebrahim Raisi News | Latest News
newsnow.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsnow.co.uk Daily Mail and Mail on Sunday newspapers.

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Finding it Hard to Hire? Try Raising Your Wages

at this price level.”
3 For any trade to occur there must always be at least one seller for each buyer (and vice versa); once there are no more sellers at a specific price level, if you want to find more stock for sale, you must look
at higher price levels.
After several decades of lagging prices for low wage labor, I believe what we are witnessing is something very similar. THERE IS NO MORE LABOR FOR SALE AT $7/HOUR; so the price moves up. Once it moves up high enough so that supply matches with demand, you get a stabilization at that level. ....

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10 Tuesday AM Reads - The Big Picture

10 Tuesday AM Reads
Happy weed day! My Two-for-Tuesday morning
train WFH reads:
•
Unemployment Is High. Why Are Businesses Struggling to Hire? If this apparent labor shortage persists, it will have huge implications for the economy in 2021 and beyond. It could act as a brake on growth and cause unnecessary business failures, long lines at remaining businesses, and rising prices. (Upshot)
see also
Shifting Balance of Power? I suspect it is something broader, more than merely the economic recovery being impacted by Covid. Maybe more of a significant change, perhaps even a secular reversal of the longstanding power dynamic between capital and labor. (The Big Picture) ....

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9780717144211: The Modernisation of Irish Society 1848 - 1918 - AbeBooks

In surveying the period from the Famine in 1848 to the triumph of Sinn Fein in the 1918 general election, Joe Lee argues that Ireland became one of the most modern and advanced political cultures in the world during that time. Lee contends that the Famine death-rate, however terrible, was not unprecedented. What was different was the post-Famine response to the catastrophy. The sharply increased rate of emigration left behind a population of tenent farmers engaged in market orientated agriculture and determined to protect and improve their position. It was this group that used the British political system so skillfully, a process elaborated and refined in the Land League and Home Rule movements under Parnell. The Parnell era left a lasting legacy of modern political engagement and organisation which was carried on in essentials by the later Home Rule party and by Sinn Fein, and - beyond the terminal date of the book - would make its mark on the politics of independent Ireland. ....

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