Suresh Naidu’s paper, co-authored with Arindrajit Dube, Jeff Jacobs and SIddharth Suri, “Monopsony in Online Labor Markets” featured in The Atlantic.
“Our current economic expansion has lasted almost nine years, yet wages have hardly budged, especially for less-skilled workers. Inflation-adjusted wages for the average worker have risen only by 3 percent since the 1970s — and have actually declined for the bottom fifth. … Suresh Naidu is associate professor of economics and public affairs at Columbia University and a contributor to the CORE project.”
“In itself it’s a nebulous word,” said Jagdish Bhagwati, a professor of economics at Columbia University. So far, Bhagwati said, the Trump administration’s actions against President Xi Jinping’s government on trade “are the opening shots to get at the Chinese for what they’ve been doing for a long time.”
President Trump recently suggested that the United States should come out of Syria “very soon.” Leading voices of the foreign policy establishment – in the Pentagon, State Department, Congress and the media – pushed back, calling for the United States to stay in Syria. Trump quickly acquiesced…Jeffrey D. Sachs is a university professor and director of the Center for Sustainable Development at Columbia University and author of “The Age of Sustainable Development.