Share the View: Behind Wal-Mart's Raises

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

FEBRUARY 20, 2015 bloombergview.com

COMPANIES Megan McArdle: "By April, Wal-Mart workers will no longer be making minimum wage. ... I'm sure we're all very happy for the workers getting the wages. But we may also be a little puzzled about why this is happening after such a long and enthusiastic history of ignoring labor activists." Read more... EUROPE Leonid Bershidsky: "Greece seems to have come crawling to its creditors asking for an extension of its current bailout -- something it has resisted doing for weeks -- only for Germany to arrogantly dismiss the request. From the German point of view, however, that's not what happened at all." Read more... POLITICS Jonathan Bernstein: "What if the fuss over big money in elections is mostly over nothing?" Read more... SPORTS Kavitha A. Davidson: "The business of sports is increasingly moving away from the seats and onto the couch, with multibillion-dollar broadcast deals eclipsing revenue from ticket sales and stadium concessions. You could argue that's even truer for an event like an all-star game." Read more... ECONOMICS Mark Gilbert: "The Federal Reserve and the European Central Bank are diametrically opposed on the monetary-policy spectrum. ... You'd never know it from the 9,000-odd words they each employ in the summaries of their most recent policy meetings." Read more... STOCKS Justin Fox: "By this point one mainly reads Robert Shiller's 'Irrational Exuberance' for the prefaces." In the third edition, he expresses surprise that even "the bursting of the speculative bubbles that led to the 2007-2009 world financial crisis" hasn't really sobered us up. Read more...