Labor

A factor of production, labor is necessary for producing goods and services. Econlife looks at labor related issues that include how jobs have changed, wages in the US and internationally and outsourcing and unions and the minimum wage.

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    Pizza Price Wars

    Apr 5, 12 • 442 Views • 2 Comments

    No one wins a pizza war. Having read a NY Times article about a pizza price war in NYC, I was curious about the supply side of the pizza business. So, this afternoon, I interviewed my local pizza counterman. The pizza price war in midtown NYC involves 3...  [read more]

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    Government Guidelines and Unintended Consequences

    Apr 4, 12 • 395 Views • 2 Comments

    Sometimes government guidelines can have unintended consequences. Government travel guidelines: At a networking reception, the General Services Administration spent $1900 on 400 “petit beef Wellington” snacks and $2000 on 400 “mini Monte...  [read more]

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    Pasty Tax Issues

    Apr 3, 12 • 349 Views • No Comments

    The UK’s pasty (PASS-tee) tax battle is a good story. But, moving beyond the humor, it has considerable significance. First the story: Taxing the pasty has created a major flap in the UK. The pasty looks like meat in a pastry pouch, high in fat, maybe...  [read more]

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    Tacos Meet Helicopters

    Mar 27, 12 • 336 Views • No Comments

    By Mira Korber, guest blogger. Hunger strikes. You desperately scan Main Street for any sign of your favorite food: tacos. There’s nothing in sight and your handy UrbanSpoon iPhone app has failed miserably in finding restaurants that serve food from...  [read more]

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    A Top Selling Artist

    Mar 24, 12 • 354 Views • No Comments

    At a Christie’s auction, a painting of a candle by German artist Gerhard Richter sold for $16.5 million. A recent documentary on this 80-year-old artist shows him painting in his studio and attending gallery and museum exhibitions of his work. Neither...  [read more]