What happens to the wages of American workers may not seem like a topic we want to spend time on but it is important. For example, according to some experts it was a contributing factor to the election of Donald Trump. Although the last jobs report showed some wage increase, overall that increase was very flat and shows that in the long run wages will continue to be flat. Wage stagnation is not new, it has basically been around for the last 40 years and has puzzled economists. That’s why the Hamilton Project of the Brookings Institution has now issued an e-book discussing the issues, making proposals and recommendations. One of the proposals which the authors seem to Continue reading “Wage Stagnation”