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Iowa’s Tea Party Disaster: Joni Ernst’s Shocking Ideas About the Welfare State (Salon)
Elias Isquith references Roosevelt Institute Fellow Mike Konczal’s Democracy Journal article on voluntarism to explain why Ernst is so wrong about the place of charity in the social safety net.
Policymakers Slowly Acknowledge What Marketers Have Known for Years: Millennials Exist (Fusion)
Emily DeRuy reports on Millennials Rising, quoting Roosevelt Institute Vice President of Networks Taylor Jo Isenberg on why Millennials feel disconnected from policymaking.
Amity Shlaes: If Being Wrong About the Economy Is Wrong, I Don’t Wanna Be Right (NY Mag)
Jonathan Chait responds to Amity Shlaes’s defense of a 2010 letter warning the Fed about inflation that never came. He points out the need to balance that risk with the reality of unemployment.
Rising Inequality: Janet Yellen Tells It Like It Is (New Yorker)
John Cassidy discusses the importance of the Federal Reserve Chair’s Friday speech, which questioned whether rising inequality threatens American values of opportunity.
Amazon’s Monopsony Is Not O.K. (NYT)
The current fight between Amazon and Hachette proves that Amazon is abusing its power, writes Paul Krugman, who compares Amazon’s business practices to Standard Oil.
The Epic Struggle Over Retirement (AJAM)
Susan Greenbaum says that allowing Wall Street to attempt to fix pensions by turning them into defined contribution plans managed by Wall Street would be disastrous.
Workers Bring $15 Hourly Wage Challenge to Walmart (The Nation)
Michelle Chen reports on recent demonstrations by Walmart workers fighting for a better workplace. Walmart’s willingness to “end minimum-wage pay” isn’t enough to bring workers out of poverty.