Manhattan Institute Daily Update

Keeping you up-to-date on the latest by Manhattan Institute scholars
April 24, 2014

Economy & Finance

Instead Of Taking Kids To Work, Bring Work To Kids

Diana Furchtgott-Roth, WSJ's Marketwatch.com, April 24, 2014
Take Your Daughter to Work Day was the brainchild of feminists, including Gloria Steinem, who believed that girls were disadvantaged. But data show that it is boys who are disadvantaged. They have lower grades, lower graduation rates, and earn a lower percentage of college degrees, from associates to doctorates. Rather than ending the program, the foundation added boys. . .

The Cost Of The Minimum Wage: $20 For A Burger

Editors, Economics21.org, April 24, 2014
This week, April 23-30, is "High Road Restaurant Week" in New York City. If you are unfamiliar with it, it is probably because most people cannot afford to regularly eat $20 hamburgers at the expensive restaurants designated as "high road." The Restaurant Opportunities Center is organizing the event. This worker center (a labor union in all but name and tax treatment) is rating Manhattan and Brooklyn restaurants on their employment practices, including compliance with regulations, work environment, and generous benefits. . .

Arthur Laffer And The Mobility Agenda

Stephen Eide, PublicSectorInc.org, April 23, 2014
Is there a debate about inequality now underway in America? Invigorated by the publication of Thomas Piketty's Capital in the Twenty-First Century, liberals are determined to force the issue, but they're talking to themselves, because conservatives reject the very terms of the debate. Where liberals want to talk about ways for achieving more income equality, conservatives see the goal as more mobility. . .

New York City/State Policy

DEBATE: Day 3 - Questions From The Moderator

In today's debate remarks, both participants reply to questions from the PublicSectorInc.org moderator, Manhattan Institute senior fellow Stephen Eide:

James Parrott: In addressing the moderator's suggested "principle of fairness," it is the understatement of the decade to say that the Great Recession was not fair to working people. The question of what was fair during the recession and its aftermath should be posed first to bankers. . .

Charles Brecher: In collective bargaining wages, fringe benefits and work rules are each appropriate targets for obtaining savings. It is typically impossible or impractical to change work rules or fringe benefits retroactively, but going forward increased attention should be given to these elements as a source of savings. Health insurance arrangements stand out as an area for reform. . .

READ THE COMPLETE RESPONSES

New Labor Contract Will Cost M.T.A. $525 Million

NICOLE GELINAS QUOTED IN THE NEW YORK TIMES
Thomas Kaplan, The New York Times, April 24, 2014
. . ."It's hard to see how the governor can call himself a fiscally responsible person after doing something like this," said Nicole Gelinas, a senior fellow at the Manhattan Institute for Policy Research, a conservative-leaning group. She added: "This is long-term borrowing to pay for short-term operating expenses -- they are just doing it in a very convoluted fashion. It's certainly not good fiscal practice." . .

State and Local Budgets

NYC To Overhaul Superstorm Sandy Rebuilding Program

TRN's "The Jerry Doyle Show" will interview Nicole Gelinas at 7:30 p.m. ET today

City Journal Classics

The Port Authority's Cloudy Future

Nicole Gelinas, City Journal, Autumn 2012
The transportation agency has mortgaged itself to the hilt to rebuild the World Trade Center, leaving few resources for its real mission. . .

Legal Reform

Court Backs Michigan on Affirmative Action

NPR WI's "The Joy Cardin Show" interviewed James Copland, 4-24-14

Energy & the Environment

Paul Krugman's Solar Delusions

850 AM KOA's "The Mike Rosen Show" will interview Robert Bryce at 3 p.m. ET today.

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communications@manhattan-institute.org, 212.599.7000

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