1
The Upshot
Student Loans: The Facts
With rising debate over student debt, we look at what loan levels are typical.The minimum wage must rise to meet the costs.
2
Opinion
Addiction Is Preventable
The Partnership for Drug-Free Kids responds to a column by Nicholas Kristof.Ok.
It was not prevented.
There are addicts
who will remain addicts.
Remission does not end addiction.
3
Sports
Argentine Surrenders in FIFA Case
Alejandro Burzaco, a businessman indicted in the United States in connection with the corruption case, turned himself in to the police in Italy.ok
4
Real Estate
New Jersey Battles to Attract Food Businesses
Junior’s and Goya are among the long list of manufacturers and distributors who are being persuaded to set up shop or stay in the Garden State.Why not.
5
Travel
Friday’s Travel News and Tips
What you need to know if you’re on a trip or planning one soon, including a Colorado resort where marijuana is on the menu, and an app for last-minute hotel deals.Russian art of the fifties looked dead and stuffed.
I could be wrong. Get a catalog.
6
Magazine
Seven Reasons I Didn’t Visit the Spectacular Historic Site on My Holiday
Finding it difficult to fulfill a tourist’s obligation before getting a feel for the local rhythm.What to tell the boss.
7
Opinion
Let Rich and Poor Learn Together
Pre-K for all shouldn’t reinforce economic segregation.The wealthy will not use it.
8
N.Y. / Region
Family Disputes Police Account of Bronx Man’s Stun Gun Death
While the police said the man was refusing to drop scissors before being stunned, his girlfriend and the family’s lawyer say there were no scissors and he was catatonic when officers arrived.More police gone bad?
9
N.Y. / Region
Man Found Dead in Queens Park Was Killed
Passers-by found the man, Diego Piedrahita, lying face down in Forest Park shortly before 3:30 p.m. on Wednesday, the police said.https://www.google.com/search?q=Diego+Piedrahita&ie=utf-8&oe=utf-8
No news yet.
10
Business Day
Technology to Prevent Drunken Driving Could Soon Come in New Cars
Touch pads that detect alcohol in blood vessels beneath the skin and sensors that analyze normal breaths could be in vehicles by the end of the decade.The sober will find it demeaning and the drunks will find it frustrating.
If it happens it will be a profit center for shade tree mechanics and traffic courts.
11
Opinion
How to Beat the Bots
We have the workers. We have the jobs. Now we just need an employment dating service.Labor is in surplus.
Employers want to edit the applicants and to drive down the wages they must offer.
Krugman:
The Mutability of Wages
Arindrajit Dube enlarges on my post about efficiency wages,
pointing out that the same logic applies to firms that have monopsony
power. That’s a very good point — and I think we’re circling in on an
important part of the logic behind the “new view” on inequality policy,
which says that policies to enhance worker bargaining power can have
major effects on the distribution of market income.
What’s going on here? Maybe two schematic pictures can help.
The conventional view about the choices facing an employer looks something like this:
The employer’s choice
of wage to pay is pinned firmly in place by the invisible hand. It can’t
pay less than the going market wage, or it won’t be able to attract any
workers; it really, really doesn’t want to pay more than the going
wage, because any wage increase translates dollar for dollar into lost
profits. Minimum wages or a strong union can force the wage up all the
same, but it takes a lot of political or institutional power.
What Dube, I, and many
others are suggesting is, however, that for quite a few employers —
including large service-sector companies — the situation looks much more
like this:
There isn’t a sharply
defined “going wage”, either because the firm has monopsony power — it
can, in effect, choose the going wage in its local labor market — or
because efficiency wage considerations lead it to pay more than the
minimum, so that there are normally more applicants than places. And as
I’ve drawn it, the top of the hill relating the wage rate to profits is
fairly flat. In particular, the firm shouldn’t mind very much paying a
somewhat higher wage, because this will produce offsetting benefits — a
larger supply of labor if it has monoposony power, lower turnover or
higher productivity if efficiency wages are an issue, maybe all of the
above.
The point is that
under these circumstances it needn’t be all that hard to push up wages:
the threat of union organizing or a consumer boycott, even moral suasion
from the government might be enough. So the standard view that it’s
very hard to change the distribution of market income, that policy must
involve after-market taxes and transfers, may be quite wrong."
12
Education
U.S. to Forgive Federal Loans of Corinthian College Students
The decision could affect tens of thousands of students, and the department said it would create a process to help others who were defrauded by colleges."Mr. Duncan also said the department planned to develop a process to allow any student — whether from Corinthian or elsewhere — to be forgiven their loans if they had been defrauded by their colleges."
13
Sports
Supporting Structure for Arthur Ashe Roof Is Completed
Tennis officials declared Wednesday “an amazing milestone” for the United States Open’s roof plan, which was announced in August 2013 but under study since 2003.OK, I am sorry to lose the parkland.
http://www.nytimes.com/pages/sports/baseball/index.html
| Toronto | 13 | Final | |||||||||||||||
| Boston | 10 | ||||||||||||||||
| http://nytimes.stats.com/mlb/standings.asp | |||||||||||||||||
| Team | W | L | Pct | GB | Home | Road | East | Central | West | Last 10 | Streak |
| NY Yankees | 33 | 27 | .550 | - | 16 - 11 | 17 - 16 | 16 - 14 | 7 - 3 | 7 - 6 | 7 - 3 | L 2 |
| Tampa Bay | 33 | 29 | .532 | 1 | 16 - 18 | 17 - 11 | 18 - 14 | 2 - 2 | 10 - 11 | 7 - 3 | W 1 |
| Toronto | 32 | 30 | .516 | 2 | 20 - 12 | 12 - 18 | 15 - 14 | 5 - 5 | 6 - 8 | 9 - 1 | W 9 |
| Baltimore | 30 | 30 | .500 | 3 | 19 - 12 | 11 - 18 | 19 - 17 | 4 - 2 | 6 - 7 | 7 - 3 | W 5 |
| Boston | 27 | 35 | .435 | 7 | 15 - 15 | 12 - 20 | 10 - 19 | 2 - 5 | 11 - 9 | 4 - 6 | L 4 |
| Central | |||||||||||
14
Food
Craig Claiborne’s Classic Cheesecake
The former New York Times food editor’s version is simple, rich and easily accessorized with ripe fruit or flavorings. (Article plus video.)I like it.
I have not made it for myself.
I will make it for a group.
I am avoiding sugar.
http://cooking.nytimes.com/recipes/1016079-deluxe-cheesecake
15
U.S.
Database May Help Identify Veterans on the Edge
Health care is increasingly using sophisticated algorithms to predict medical outcomes. Now the focus is on those who have served.The database does better though it is far from good enough.
16
Magazine
A Taste of Taiwan
The mysteries of three-cup chicken explained."Cooking is jazz, some say. Flavors are worked like chords, ideas are built out of them, making melodies that can be returned to again and again. Three-cup chicken is an ideal basis for that sort of kitchen composition. Just keep the sesame oil in a minor key."
http://cooking.nytimes.com/recipes/1017456-three-cup-chicken
17
Opinion
A Pill to Boost Female Libido
The drug should only be approved if measures are taken to reduce safety concerns."that are supposed to increase the sex drive of premenopausal women suffering from a loss of libido."
Not applicable.
18
U.S.
Property Damage Worsens in Louisiana as Flooding Continues
Residents are trying to gather what they can salvage from the effects of the Red River flood which has reached 37 feet, close to a historic peak in 1945.They had rain.
https://www.google.com/maps/place/Shreveport,+LA/@32.4636429,-93.7505388,40907m/data=!3m1!1e3!4m2!3m1!1s0x86312a8d1798e91f:0x2ebd2c1687a49cdd
19
Opinion
The Effects of Texas’ Abortion Laws
Readers express concern about the hardships imposed on women seeking abortions by a law a federal court just upheld.That federal court has a Texas judge.
20
Business Day
U.S. Budget Deficit Fell in May, but Mostly on a Calendar Fluke
The deficit fell to $82.4 billion from $130 billion in May 2014, but much of the improvement was due to a calendar quirk.At the interest rate the treasury is paying the debt and deficit do not matter.
When the economy restarts the taxes to pay down the debt will not matter.
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