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Minimum Wage Debate Goes Local (San Francisco Chronicle)
Roosevelt Institute Fellow Annette Bernhardt and Ken Jacobs consider why the minimum wage debate has such momentum at a local level. They see this as a return to states and cities being laboratories of policy innovation.
The Link Between One Website and Hate Crimes (Melissa Harris Perry)
In a discussion on domestic terror and hate, Roosevelt Institute Fellow Dorian Warren suggests that the way we live, segregated by race and class, makes it even harder for Americans to embrace difference.
The Biggest Predictor of How Long You’ll Be Unemployed Is When You Lose Your Job (Five Thirty Eight)
Ben Casselman finds that the unemployment rate at the time when a worker loses her job is the strongest indicator of whether she will end up among the long-term unemployed.
- Roosevelt Take: Roosevelt Institute Fellow Mike Konczal builds on this data to explain why the long-term unemployed aren’t necessarily weak employees.
Student Debt Holds Back Many Would-Be Home Buyers (LA Times)
The share of first-time home buyers has dropped. Tim Logan ties that to the vast increase in student loans over the past decade, which hinders would-be buyers from getting mortgages.
How Payday Lenders Prey Upon the Poor — and the Courts Don’t Help (NYT)
Since AT&T Mobility v. Concepcion, which limited class action lawsuits, people trapped in cycles of predatory payday lending have even fewer routes out, writes Emily Bazelon.
Beyond the Laffer Curve — The Case for Confiscatory Taxation (Vox)
Matt Yglesias notes that many of our taxes aim at changing behavior, not increasing revenue. Perhaps higher taxes on inheritances or very big salaries could discourage the economic activity that promotes inequality.