Lots of different topics this week– investing, Mueller, AOC, minimum wage law. If you have to pick one, read the AOC interview at New Yorker.
- Should You Take the Annuity or the Lump Sum? Of Dollars And Data. HT Barry Ritholtz.
- If I Had Five Minutes to Question Robert Mueller. Lawfare Blog.
- Alexandria Ocasio-Cortez on the 2020 Presidential Race and Trump’s Crisis at the Border. New Yorker. Highly recommended.
- How U.S. Tech Giants are Helping to Build China’s Surveillance State. The Intercept.
- Minimum Wage Employment Effects and Labor Market Concentration. SSRN. One of several recent-ish papers that have changed my mind on the economics of minimum wage hikes. I now think there’s pretty good economic evidence that increasing minimum wages is a good idea in most places. “Our findings provide direct empirical evidence supporting the monopsony model as an explanation for the near-zero minimum wage employment effect documented in prior work.” HT Tyler Cowen.