Saturday, May 30, 2009

Wage stuff and bigger issues, too

Economically, there's so much doggone stuff brewing now that it's hard to know where to start. The minimum wage is a good place, but there are bigger things to contemplate as well, so I also offer some insights into upcoming topics in this week's column. Once again I can't resist the temptation to mention economist Joseph A. Schumpeter, who had an eerily accurate understanding of how mass psychology meshes with economics.