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Ferguson’s Race Injustices Have Their Roots in Economic Inequality (The Guardian)
Suzanne McGee ties the situation in Ferguson, MO to the severe economic inequality facing the Black community in the U.S., which she says limits Black access to political power as well.
Meet the Ordinary People Who Are Mobilizing Around Monetary Policy (WaPo)
Activist groups concerned with democratizing the discussion of monetary policy are sending low-wage workers to speak a Federal Reserve conference in Wyoming. Ylan Q. Mui reports.
The Tax Dodge That Has Plagued the U.S. for More Than a Decade (The Atlantic)
Joe Pinsker looks at the history of companies looking to reincorporate abroad to dodge U.S. corporate income taxes, and explains how the process has changed (and yet not) in the past decade.
- Roosevelt Take: Roosevelt Institute Chief Economist Joseph Stiglitz proposes a full slate of corporate income tax reforms in his latest white paper.
Lagging Demand, Not Unemployability, Is Why Long-term Unemployment Remains So High (EPI)
In a new report, Josh Bivens and Heidi Shierholz argue that long-term unemployment is still a component of cyclical weakness in the economy from the recession, rather than a structural shut-out.
How to Save the Net: Don’t Give In to Big ISPs (Wired)
Netflix CEO Reed Hastings calls on the Federal Communications Commission to expand its focus to regulate the relationships between companies like his and the Internet service providers.
OSHA fines company $1M for violating truckers’ hours-of-service rule (The Hill)
The Occupational Safety and Health Administration’s fine is about protecting workers and the public, reports Tim Devaney. Trucker rest rules are in the limelight after high-profile crashes.
San Diego Defies Mayor, Raises Minimum Wage (CNN Money)
Katie Lobosco reports that the city council overturned the mayor’s veto, approving a gradual minimum wage hike that ties the wage to inflation, as well as paid sick leave.