Public Sector Pay

Posted on by David Wright

This Chart says it:

Tyler Cowen calls this a must read and I totally agree.

Talk about stoking fury. Public sector workers’ pensions (defined benefit) have always been an economic fantasy, and they will eventually die. But how do you index their wages? How is this dataset constructed?

Fundamentally, public sector workers are not part of the economy and so do not react to the same economic constraints that force companies to hold down wages. That’s my view, at least. I can imagine an ideological firestorm brewing on this point.

Filed Under “Thanks for Nothing”

Posted on by David Wright

The title of the article is “Your Office Chair is Killing You”, which is about as much as you need to read.

Hamilton, like many sitting researchers, doesn’t own an office chair.

Most professionals, unlike sitting researchers, think the solution is ridiculous:

The best sitting alternative is perching, a half-standing position at barstool height that keeps weight on the legs and leaves the S-curve intact.

perching?

Seriously, what is someone supposed to do with this information?