As it turns out, the affects of the minimum wage increase are more nuanced than previously espoused.
- In 2017, a study came out that claimed raising the minimum wage to $15 an hour actually cost jobs.
- The same researchers have published a new report this month, which offers new conclusions. Namely, that experienced workers have seen benefits from the pay increase.
- The new data also suggests, simultaneously, that while there are less new entries into the Seattle workforce, companies have experienced a noticeable reduction in costly turnovers.
At what point does spending billions on rocket technology seem irresponsible to those suffering on Earth?
- The private space enterprise he founded will be testing even more in the near future, with $1 billion investment by Bezos each year
- He wants to be seen as "risk taking" and a "needle mover"
- Watch Blue Horizon's escape module test
Most other countries don't have universal healthcare because of poverty or war. Why does the U.S. keep clinging to a bad system?
- It's long been known that the U.S. is the only wealthy country without universal healthcare. But even significantly poorer countries also have some kind of universal healthcare system.
- The reasons why the U.S. doesn't have a universal healthcare system are unique in the world but aren't insurmountable.
- In order to join the rest of the developed world, the U.S. needs to realize that not having universal healthcare is something countries do out of necessity, not out of choice.
South Africa is no longer the only place on the continent that has urban wealth clusters
- The wealth of Africans is projected to grow by a third over the next decade
- The continent's wealth is agglomerating in a number of urban clusters, in the south, east and west
- Wealth is collected in a few other places - isolated capitals and mini-clusters stretching from Morocco down to Angola
Millennials would rather pay off their student debt than spend money getting hitched.
- High levels of Millennial student loan debt is slowing down marriage.
- Half of millennials are still single at 34, while nearly 70% of boomers were married by their mid-30s.
- New report explains the connection between debt and marriage.
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