PUBLIC POLICY: Minimum Wage and Those Inconvenient Facts By Prof. OREN LEVIN-WALDMAN

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Critics of the minimum wage often assert that not only is it misguided because of its adverse employment effects, but it is poorly targeted because most minimum wage earners are not poor. Rather they are secondary earners who are either spouses or teenagers. And those who scoff at claims of income inequality maintain that those at the bottom lack the …

eHeziPUBLIC POLICY: Minimum Wage and Those Inconvenient Facts By Prof. OREN LEVIN-WALDMAN

MAYOR MARVIN’S COLUMN: Kensington Road Property Development Agreement Signed By Mayor MARY C. MARVIN

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This past week, on behalf of the Village, I officially signed the agreement to develop the Kensington Road property by Fareri Associates of Greenwich. Believe it or not, development of this property has been thirty years in the making with several false starts.

eHeziMAYOR MARVIN’S COLUMN: Kensington Road Property Development Agreement Signed By Mayor MARY C. MARVIN

Westchester’s Ridge Hill in Yonkers to Soon Welcome Banana Republic

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YONKERS, NY – March 17, 2014 – Westchester’s Ridge Hill developer Forest City Ratner Companies (FCRC), today announced that retailer Banana Republic will join the recently-opened Anthony Vince Nail Spa as a new Ridge Hill retailer. The new Banana Republic will open on the busy corner of Market and Archer Streets, beneath the center’s popular UNIQLO store.

eHeziWestchester’s Ridge Hill in Yonkers to Soon Welcome Banana Republic

PUBLIC POLICY: Minimum Wage is Really an Efficiency Wage By Prof. OREN LEVIN-WALDMAN

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Market “purists” are steadfast in their belief that increasing the minimum wage will lead to lower employment. The standard textbook model holds that as workers lower their wage demands, employers will demand more of their services. A wage floor only prevents workers from accepting lower wages in exchange for opportunities to work. Therefore, fewer workers will be hired, with the …

eHeziPUBLIC POLICY: Minimum Wage is Really an Efficiency Wage By Prof. OREN LEVIN-WALDMAN

Statement from Gov. Cuomo on FY2014-2015 Budget Negotiations

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“Now that the legislature’s one house budget resolutions are being completed, real discussions can begin.  “The main budget issue will be whether we have the will to do what is politically difficult and attack the waste and duplication of local governments that drive up property taxes. Property taxes are the single largest and most devastating tax in our state. I …

eHeziStatement from Gov. Cuomo on FY2014-2015 Budget Negotiations

Yonkers Unemployment Rate Down Over 2 Percent from Last Year to 5 Year Low

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A look at Mindspark’s new headquarters along the day lighted Nepperhan River in Yonkers downtown. Mindspark’s move to Yonkers brought 160 new jobs to the city. YONKERS, NY — March 13, 2014 — Mayor Mike Spano tis week announced preliminary data released by the New York StateDepartment of Labor showing the January 2014 unemployment rate (7.1%) in the City of Yonkers …

eHeziYonkers Unemployment Rate Down Over 2 Percent from Last Year to 5 Year Low

Westchester County Mayors, Elected Officials and Community Leaders Call for Power to Supplement NY Minimum Wage

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YONKERS, NY — Leaders across Westchester County endorsed new legislation today allowing cities and counties across New York to supplement the state’s $8 per hour minimum wage. Their announcement comes on the heels of a new  Siena Poll released Tuesday morning showing that nearly three-quarters of New Yorkers — and at least two-thirds in every region of the state  — support allowing local governments to increase …

eHeziWestchester County Mayors, Elected Officials and Community Leaders Call for Power to Supplement NY Minimum Wage

PUBLIC POLICY: Rising Income Inequality, the Minimum Wage, and the Median Voter Theorem By Prof. OREN LEVIN-WALDMAN

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Rising income inequality is of course problematic because it symbolizes the dual nature of our economy and the shrinking middle class. It is also dangerous to democracy because it tilts the power balance in policy formulation towards the interests of the wealthy away from the poor and the middle class. What is often not talked about is the relationship between …

eHeziPUBLIC POLICY: Rising Income Inequality, the Minimum Wage, and the Median Voter Theorem By Prof. OREN LEVIN-WALDMAN