Mark G. Sheppard

@markgsheppard.com

Inequality/Mobility/Design. Econ PhD Candidate, The Graduate Center. Researcher @NBER.org. 2nd Lt., U.S. National Guard. Former Congressional Staff.

Weak #jobsreport all around -Nonfarm payrolls fell by 23,000 (mostly driven by state and local losses) -The unemployment rate ticked down for the "wrong" reasons as labor force participation and employment-to-population ratio softened -Nominal wage growth decelerated to 3.2% over the year #EconSky

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Employers cut jobs in July, and job growth was revised down for May and June. Net result is that the pop in hiring that we saw earlier this year now seems to have largely evaporated. We've now averaged just +20,000 jobs/month over the past three months. #NumbersDay

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Ben Casselman@bencasselman.bsky.social · 3d ago

U.S. employers CUT 23,000 jobs in July and the unemployment rate ticked down to 4.1 percent. Data: www.bls.gov/news.release... Full coverage: www.nytimes.com/live/2026/08... #NumbersDay

A 100% tax on all IRA income (capital gains or ordinary income) above $10mm (or some similar amount, indexed to inflation) balance with contributions also capped at that amount is trivially easy to write into law.

Aaron Sojourner@aaronsojourner.org · last wk.

"The bill would effectively cap IRAs and 401(k)s at $10 million, a sum far beyond the basic retirement needs of most Americans." Could lower taxes on working Americans or afford more public services. www.usatoday.com/story/money/...

A new bill in Congress would crack down on wealthy Americans who use 401(k) retirement accounts and IRAs as tax shelters for billions of dollars in wealth. 

The 401(k) and IRA were designed to offer tax breaks to help Americans save enough money for a comfortable retirement.  

At a certain point, however, a swelling retirement account isn’t really about retirement

It's not every day your FIRST academic publication lands a @forbes.com FEATURE! Absolutely WILD. 🤯 Thank you to Dr. Gassam Asare for interviewing @emmarackstraw.bsky.social and I about our new study where we show why Black supervisors matter in the workplace and beyond. #blacksky #econsky #news

A New Harvard Study Makes A Powerful Case For Black Supervisors

New research reveals that when a Black supervisor is watching, it can shift workplace bias and change how Black workers are seen at work.

forbes.com

Policy priorities and voter trust have shifted during the second Trump administration, there's a real opportunity for progressives to make the pitch for economic policies, if they can prioritize the messaging with what voters care about. goodeconomics.substack.com/p/the-median...

The Median Consumer Theorem

Tracking How Voter Trust and Issue Priorities Have Shifted Across Policy Areas During the Trump Era, and What the Movement Means Heading Into 2026 and 2028

goodeconomics.substack.com

📢 Call for Submissions: III/LIS Comparative Inequality Conference If you're doing research on economic inequality, the call for submissions for the third III/LIS Comparative Inequality Conference is now open. The conference will take place in London in February 2027. Submit by Sept 15th 2026

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