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Devesh Kapur

Devesh Kapur

Writing for PS since 2002
10 commentaries
0 videos & podcasts

Devesh Kapur is Director of Asia Programs and Professor of South Asian Studies at the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University, and co-author of The World Bank: Its First Half Century

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  1. oneill69_Malte Mueller Getty Images_handholdingdollarsign Malte Mueller/Getty Images

    A Living Wage for Capitalism

    Jim O'Neill

    Higher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable. And insofar as raising the minimum would increase companies’ wage bill, it would create a stronger incentive to replace labor with capital, which could lay the foundation for renewed productivity growth.