The Economic Case for Better Wages

better wagesBillionaire venture capitalist, Nick Hanauer, strikes again. We’ve highlighted Hanauer’s past efforts to explain how economic policies that put the middle class front and center are better for the economy overall. PBS’ series Making Sen$e recently shined a spotlight on Nick’s efforts to insert this idea into the national consciousness. Great work, Mr. Hanauer!

Hanauer’s explanation of how economic growth happens is consistent with what the terrific team at the Topos Partnership found in their Boom or Bust research initiative when they looked at how to help Americans understand the connection between job compensation and thriving communities. Topos’ video that explains this “virtuous cycle” is a must-see for people interested in making systemic changes to the nation’s economy so that it can work better for everyone.

 

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