The Blog of the Roosevelt Institute

During a time when Facebook is being used as a tool of genocide and ethnic cleansing, Amazon is striking deals with Apple to put iPhone refurbishers out of business, and Google is manipulating search results to promote its own products, it is still difficult to find a group of experts willing to admit that Big

“The future belongs to those who believe in the beauty of their dreams.” —Eleanor Roosevelt Fourteen years ago, a group of students recognized something important: who writes the rules matters. They dreamed of a world where voices from communities historically left out of the policy process would be instrumental in orchestrating their own futures. With

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Three years ago, I worked with Roosevelt Fellows and economists Darrick Hamilton and Sandy Darity to demonstrate how intergenerational transfers are central components of wealth building and integral to the persistence of racial wealth inequality. Using the metaphor Umbrellas Don’t Make it Rain, we attempted to flip the script on the traditional narrative that education and income alone are the key

Over the weekend, the Trump administration announced plans to terminate the 1993 North American Free Trade Agreement (NAFTA) to force a skeptical Congress to accept his repackaged 2.0 version. This risky gambit is based on a faulty premise: The executive branch lacks constitutional authority to roll back NAFTA’s implementing legislation. While the president can formally

To address the $1.5 trillion in outstanding student debt that is held by American borrowers today, it is vital to have a full debate about the costs and benefits of potential solutions. But this debate must be grounded in a solid understanding of the problem. David Leonhardt’s recent takedown of universal student-debt cancellation flows from

One justification made by proponents of stock buybacks is that the practice is an effective way for funds to flow from companies that do not “need” the cash out to shareholders, who will then invest it in companies that are issuing new shares to finance firm activity. Does this explanation show up in the data?1

Today, Senator Bernie Sanders (I-VT) and Congressman Ro Khanna (D-CA) introduced the STOP Walmart Act, which prohibits large companies from engaging in stock buybacks unless they make serious investments in their workers. While the act takes aim at Walmart, the country’s largest private employer, it highlights the theme of my work: that excessive giveaways to

The Supreme Court is facing a democracy deficit, where the number of justices and the length of their terms have created a Court that does not reflect the views of the American public. This point is underscored by the fact that four out of five members of the conservative majority were nominated by presidents who

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Why This Matters is a series from Roosevelt staff connecting our individual work—from papers to reports and everything in between—to our broader vision of creating a better, more equitable economic and political system. This series will give readers the top takeaways from our latest writing and thinking, with a focus on why they matter as we

In The Unsound Theory Behind the Consumer (and Total) Welfare Goal in Antitrust, a working paper for the Roosevelt Institute, University of Utah economics professor and antitrust scholar Mark Glick examines why the New Brandeisians are correct to reject the consumer welfare (CW) standard. Delving deeper—and pushing antitrust scholarship forward—he argues that the CW or total welfare standard was