NEWARK, NJ — June 16, 2020 — The country is beginning to reopen and the cold reality is that the economy will not be what it was before, nor should it be. Perhaps COVID-19 and the economic havoc due to government forced shutdowns ought to be a wake-up call that globalism which has been good for certain economic interests is …
By OREN M. LEVIN-WALDMAN
Labor Monopsony and the Need to Resurrect Labor Market Institutions
By OREN M. LEVIN-WALDMAN
NEWARK, NJ — June 1, 2020 — Over the last few decades we have seen a tendency in many cases not to enforce anti-trust laws, which were designed to break up monopolies in restraint of free trade. The argument has been that the development of big box stores and/or chains, even if it does reduce competition in the marketplace, has …
By OREN M. LEVIN-WALDMAN
The New Inequality Part II
By OREN M. LEVIN-WALDMAN
NEWARK, NJ — May 19, 2020 — As the country begins a process of reopening, and increasingly more people, especially those deemed non-essential workers, are protesting against the lock-downs, we are seeing more clearly the fault-lines in the economy. On one level, there is a class warfare going on between economic elites who are able to work remotely and ordinary …
By OREN M. LEVIN-WALDMAN
The New Inequality
By OREN M. LEVIN-WALDMAN
NEWARK, NJ — May 5, 2020 — Inequality and rising income has long been an issue in any number of political campaigns. The economic fallout from the COVID-19 pandemic, however, puts an actual face on it which may have easily been obscured. Too often inequality can appear to be an abstraction as we are looking at Gini coefficients and top-to-bottom …
By OREN M. LEVIN-WALDMAN
Managing a Crisis, and Especially Now, Requires Real Leadership
By OREN M. LEVIN-WALDMAN
NEWARK, NJ — April 21, 2020 — With the advent of public administration during the early part of the Twentieth Century came what is regarded as the administrative state. Critics deride it as the “deep state.” Still, classical public administration rested on a couple of basic principles: separation of politics from administration, and staffing based on merit, which would …
By OREN M. LEVIN-WALDMAN
What Workers Really Need in this Economic Crisis is Liquidity
By OREN M. LEVIN-WALDMAN
NEWARK, NJ — April 6, 2020 — Any law passed by Congress, even with the noblest intentions is fraught with politics. Every member of Congress attempts to fold his or her pet project into a bill, even if it has nothing to do with it. The CARE Act, i.e. the $2.2 trillion stimulus bill is no different. We have funding …
By OREN M. LEVIN-WALDMAN
Coronavirus, Crisis, and Changing the Nature of Work
By OREN M. LEVIN-WALDMAN
Necessity as the mother of invention has long been a driving force for progress. In our political system, the main driver of change has been crisis. The political system is so robust by design that only when there is a true crisis, do we begin to see movement on anything. Obviously, the same must be true for the economy. The …
By OREN M. LEVIN-WALDMAN