Nick Hanauer is a Seattle-based entrepreneur, venture capitalist, philanthropist and author.
Nick's Most Recent Stories
July 17, 2017
Trickle-down economics claims that if wages go up, jobs must come down. A controversial new study from the University of Washington has inadvertently fallen prey to that antiquated narrative. Continue reading →
October 5, 2016
Opponents of the $15 minimum wage claim that if the minimum wage goes up, jobs will go down. But this is simply an intimidation tactic used by employers to keep wages down and keep profits high. Continue reading →
June 1, 2015
In this column, venture capitalist Nick Hanauer critizes the theory that a higher minimum wage will cause increased unemployment. Going further, he suggests that economic theories in general are not science, but merely social and moral constructs. Continue reading →
March 10, 2015
Corporate profits, as a percent of GDP, have doubled in the past 40 years. But where’s that money going? Not to hiring, paying higher wages or investing in equipment. Corporations are instead using their profits to further reward shareholders. And that strategy, argues billionaire investor Nick Hanauer, is killing America’s economic growth.
December 1, 2014
Billionaire venture capitalist Nick Hanauer explains why today’s middle class is feeling stuck, how that hurts the whole economy and what President Obama can do about it — with a stroke of his executive pen. Continue reading →