Union of Concerned Scientists
Much of the political debate this election season concerns who will win the support of working class white voters. At the same time, as Alec MacGillis notes in this review of two new books on the history and present conditions of this sector of the population, much of this discourse strains under the influence of condescension, sentimentalism, and a host of explicitly or implicitly stated biases.
Chicago’s democracy is being distorted by an overwhelmingly, white, wealthy and male donor class. But public financing provides a clear solution. The “Fair Election Ordinance,” introduced on January 13, 2016 would match all small donor contributions up to $175, increasing the influence of the most diverse small and mid-level donor pool.
A large majority of Americans, 68 percent, in a recent ABC/Washington Post poll said our economic system favors the rich rather than the majority. About half of those who said they were Republicans agreed. Economist Joseph Stiglitz has been following opinion research and consistently found that the percentages of those who see too much wealth inequality were high among men and women, Democrats and Republicans, people with lower incomes, even those with higher incomes.
Regulations serve a public purpose. It may not be necessary to maintain the same scope of regulation in all cases, and it certainly is not necessary to maintain the regulations in their current form, but it does not make sense to have one set of rules that apply to incumbent taxi services and a whole different set that applies to Uber. The appropriate policy going forward should be to modernize the regulatory structure and establish rules that apply equally ...
The American Prospect
Next New Deal
We must be careful of how we measure our progress. If we use the wrong metrics, we will strive for the wrong things. Economic growth as measured by GDP is not enough—there is a growing global consensus that GDP does not provide a good measure of overall economic performance. What matters is whether growth is sustainable, and whether most citizens see their living standards rising year after year.
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Working Economics - Economic Policy Institute
If we understood the important role that our government played in segregating our nation, we would feel a greater obligation to press our government to integrate it. But if we believe that segregation was an unintended byproduct of private forces, it is too easy to say there is little now that can be done about it.