Erik Sherman
Forbes
Northfield, MA, United States
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Recent articles by Erik:
December Jobs Come In Well Under Expectations, Even As Unemployment Drops To 3.9%
Trying to understand the labor market gets harder and harder. → Read More
Stop Scolding People Over Self-Reliance You Were Probably Born Into
Many successful people get help along the way, and many poor people face a system designed to keep them underfoot. → Read More
Stop Scolding People Over Self-Reliance You Were Probably Born Into
Many successful people get help along the way, and many poor people face a system designed to keep them underfoot. → Read More
We All Pay For Retirement Tax Breaks That Mostly The Wealthy Use
Public support, taken as where tax money goes, whether in payments or lost national revenues, largely goes to people who already hold the vast majority of retirement savings. → Read More
Wells Fargo Gets Into Trouble Yet Again Over Alleged Fraud
This time, the bank settled a lawsuit filed by the DOJ alleging that Wells Fargo had overcharged foreign exchange customers over a period of seven years. → Read More
Union Incomes May Seem Better Than Non-Union, But Are They Really?
Government figures that are supposed to show union wages better than non-union are more complicated than people think. → Read More
Supreme Court Turns Thumbs Down On Biden Eviction Moratorium
The Supreme Court allowed a lower court decision to end the eviction moratorium to go into force in a late unsigned 6-3 decision on Thursday, August 26. → Read More
It Could Be A Troublesome Fall With Covid Spikes And Pandemic Aid Fades
Politics and the desire to look good for in the next election cycle is making a mess of the near future. → Read More
It’s The Poor Left To Pay Their Tax Debts, Not Rich Cheats
Maybe Congress doesn’t mind dropping money for better IRS enforcement because of who would be targeted. → Read More
Here’s Why You Can’t Afford A Home—Pandemic Version
The ugly current scene was set up in 2008. Now pandemic fallout, panic, and a battle for profits finished the job. → Read More
A Different Look At Jobs And The Near Future Of Employment
Unemployment numbers alone don’t tell the story. → Read More
When Employers Are Finally On The Losing Side Of Negotiations
Lots of guesses abound as to why people may not be clamoring for jobs. The one thing that seems clear is employees aren’t going back to abusive relationships. → Read More
How Inflation Really Stacks Up
Before you worry about inflation rates, it helps to understand exactly what is happening. → Read More
NFTs and tokenization: How crypto could help regular people become real estate tycoons
Technologies related to cryptocurrencies, like NFTs and tokenization, could make investing in real estate easier than ever. → Read More
Investors Shouldn’t Worry Right Now (Except About Crypto)
I’d say the Fed came out with news that didn’t exactly please Wall Street, but that august body didn’t need to contribute to a mood of panicked sell-off. → Read More
Why some investors are betting on the most staid investment of all: Cash
One investor upped his firm’s portfolio cash allotment to an unusual 30% for quick allocation in turbulent conditions. → Read More
Better News On Jobs Doesn’t Mean All’s Well
Details are still harrowing, particularly if you aren’t white and male. → Read More
The PRO Act Is Becoming Labor’s Amateur Hour
Democrats are trying to eliminate the concept of independent contractors in business. The move is foolish and self-destructive. → Read More
Here Are The Workers Really At Risk From The Pandemic
Coronavirus can cause death or long-term health problems. Entire classes of workers are most at risk of exposure and infection. → Read More
When Economic Theory Clashes With Reality, Individual Workers Get Hurt
Economic theory is fine, but when trusted as natural law, it often makes absurd mistakes. → Read More