Economic Inequality
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PEPG12-03_CatchingUp.pdf

Gabriel Antonio Fortunato's insight:

Harvard University's 2012 Study on Global Education - America's average ranking not a good indicator of future economic success.

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Economists agree: Raising the minimum wage reduces poverty

Economists agree: Raising the minimum wage reduces poverty | Economic Inequality | Scoop.it
Economists disagree on lots of things about the minimum wage. Except this point.
Gabriel Antonio Fortunato's insight:

"...raising the minimum wage to $10.10 an hour...would reduce the number of people living in poverty by 4.6 million.That’s a significant increase in the quality of life for our worst off that doesn’t require the government to tax and spend a single additional dollar."

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Why Raising The Minimum Wage Kills Jobs

Why Raising The Minimum Wage Kills Jobs | Economic Inequality | Scoop.it
Photo Credit: AP The minimum wage is a major anti-jobs policy.  Ten states have announced an increase in their minimum wage effective January 1, mostly because their legislation requires an adjustment to the Consumer Price Index inflation measure.  Some political jurisdictions take it further, San Francisco has a minimum over $10 [...]
Gabriel Antonio Fortunato's insight:

"As a poverty program, raising the minimum wage is like killing flies with a shotgun, not very well targeted."

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Is Education the Cure for Poverty?

Is Education the Cure for Poverty? | Economic Inequality | Scoop.it
Economists may disagree a lot on policy, but we all agree on the "education premium" -- the earnings boost associated with more education. But what role can education play in a realistic ant
Gabriel Antonio Fortunato's insight:

"Helping the poor receive more education is part of the answer...keep the greedy fingers of inequality from picking the pockets of the working poor."

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