Sripadh Pu

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Voters In This State Say Minimum Wage Shouldn't Depend on Your Age

Teenagers these days don't work like they used to. But letting employers pay them less than adults for the same entry-level positions — making teens …

Sioux Falls

Restoring trust in our trade policy

I'm in favor of trade. I don't know anyone opposed to trade. A better question is, "How should we manage globalization?"<p>We've lost trust in our approach to globalization. The Brexit vote in Europe was a vote of no confidence. Millions of voters in our presidential campaigns send a similar message. …

The US garbage indicator is sending a positive sign for the economy

One of the more unusual-but-intuitive economic indicators is garbage.<p>More specifically, AAR rail waste carloads— aka the carloads of trash that are sent by rail to landfills in the US.<p>The coincident indicator has historically had a pretty tight correlation with GDP in the US, as economist Michael …

Markets

Despite Fast-Growing Economy, India Struggles to Create Jobs

India’s main Hindu festival of lights is just days away, but there is little cheer for 35-year-old Kali Charan. For a week, the daily-wage laborer …

India

Why the good economy could be a problem for the next president

The U.S. economy is delivering some of the best employment and income gains of the past 40 years, boosting workers in a way that recalls the boom years of the 1980s and 1990s.<p>But while the gains may help Hillary Clinton rebuff Donald Trump’s frequent attacks on the state of the nation and the Obama …

Economics

The Corruption of Capitalism by Guy Standing review – work matters less than what you own

Our unfair system benefits rentiers, those who live on income from property and investments – from Goldman Sachs to Uber to landlords. Can capitalism be purified?<p>The time would come, Marx and Engels thought, when there would be only two classes, the proletariat and the bourgeoisie, and all people …

The Forecast for China’s Economy

A daily digest of opinions and analysis from Bloomberg View.<p>To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in error please let us know.

Stock Markets