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Can Social Impact Bonds Unlock Private Money for Public Goods? Innovation in Pay-for-Success and Social Finance (Roosevelt Institute)
Roosevelt Institute Fellow Georgia Levenson Keohane analyzes a new model for solving social ills. Social impact bonds finance preventative programs with private funds, but raise questions about whether a return-on-investment model is best here.
Can Larry Summers Play Nice With Other Financial Regulators? (WaPo)
Roosevelt Institute Fellow Mike Konczal looks at how Summers worked with other regulators when he was Deputy Treasury Secretary, and concludes that Summers as Fed Chair might try to interfere with more aggressive regulators at other agencies.
For Millennials, Leaving the Nest is Hard To Do (LA Times)
Emily Alpert and Ricardo Lopez speak to Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz about how the recession has changed young adults’ living arrangements. Nona says that Millennials no longer see the trends that lead them to live at home as temporary.
This Week in Poverty: Chairman Ryan and the Real World (The Nation)
Greg Kaufmann reports on testimony by Sister Simone Campbell at a congressional hearing on the War on Poverty last week. Campbell says that religious groups cannot solve poverty due to the scale of the problem, which puts government in a better place to implement solutions.
- Sister Simone Campbell is one of the honorees at this year’s Four Freedoms Awards, which will be presented at a public ceremony on Wednesday, October 16 in New York City.
Fulfilling the Promise of Medicare (HuffPo)
Representative John Conyers and Robert Weissman think that the Affordable Care Act doesn’t go far enough. Medicare-for-All would save $350 billion per year, according to a recent study, and fulfill a moral obligation to provide all Americans with healthcare.
Another Reason Janet Yellen Should Run the Fed (MoJo)
Erika Eichelberger argues that gender does matter in choosing the next Fed Chair, because there aren’t enough women in the senior economic policy jobs. With a well-qualified female candidate, the President should make the barrier-breaking choice.
New on Next New Deal
Roosevelt Institute Senior Fellow Richard Kirsch was impressed by the content of the President’s speech on jobs last week, but not the setting. Amazon warehouses don’t provide the good jobs that Obama was talking about, or even a living wage for a single person.
Roosevelt Institute Fellow Andrea Flynn and Director of Research Susan Holmberg look at how new anti-choice laws place serious burdens on women. The unintended consequences included more unplanned pregnancies and more abortions.