Pitchfork Economics with Nick Hanauer
Government
You probably saw the news that Chipotle is raising its menu prices by 4 percent, and that leadership is blaming the price increase on the fact that they had to raise their starting pay to $15 per hour. It’s not at all surprising to see a large employer like Chipotle blame rising wages for everything, but what was disappointing was the media’s willingness to repeat Chipotle’s story without looking deeper into the numbers: namely, none of the stories covering the price increases mentioned that Chipotle gave its CEO a $24 million raise last year, and that the company is in the middle of enacting a $153 million stock buyback program to enrich a handful of shareholders. Around here, that type of trick will land you the title of Trickle-Down Clown! This week Goldy has a few choice words to say about Chipotle’s behavior, and then we thought it would be a good time to revisit our stock buybacks episode with Senator Cory Booker for an explanation of the pervasiveness and dangers of the practice.
Website: http://pitchforkeconomics.com/
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
What Does Obama’s Chief Economist Think About Bidenomics? (with Jason Furman)
Unpacking America’s Housing Affordability Crisis (with Whitney Airgood-Obrycki)
Junking Junk Fees (with Rohit Chopra)
Decoding the Tech Layoff Panic of 2024 (with Jeffrey Shulman)
How to Build a Just Economy (with Nick Romeo)
The Case Against Extreme Wealth (with Ingrid Robeyns)
LIVE from DC: Redefining the Center (with Heather Boushey)
The True Crime of Wage Theft (with Terri Gerstein)
Productivity is a Policy Choice (with Preston Mui)
Why Wages Are Growing From the Bottom Up and Middle Out (with Arin Dube)
The True Cost of Trump’s Tax Plan (with Samantha Jacoby)
Middle Out to Mainstream
Why Americans are so displeased with the economy (with Aaron Sojourner)
A Tale of Two Tax Systems (with David Cay Johnston)
Why Flying Is Miserable And How to Fix It (with Ganesh Sitaraman)
The Future of Bidenomics (with Jared Bernstein)
Making a case for the inheritance tax (with David Stasavage)
How a New Economics Went Mainstream (with Suzanne Kahn)
Revisiting the Child Tax Credit (with Wendy Bach)
Medicare Drug Price Negotiations with (Margarida Jorge)
Create your
podcast in
minutes
It is Free
City Manager Unfiltered
Potencial Americano
The ASIC Podcast
The Chris Plante Show
Red Eye Radio