This is a weekly post we publish on Fridays with links to articles that touch on economic inequality and growth. The first section is a round-up of what Equitable Growth published this week and the second is the work we’re highlighting from elsewhere. We won’t be the first to share these articles, but we hope by taking a look back at the whole week, we can put them in context.
Equitable Growth round-up
Austin Clemens highlights findings from the first annual “World Inequality Report” published by the WID.world project, examining how income inequality in the United States has increased at a rate that greatly surpasses that of other developed nations.
Iris Maréchal looks at new research that sheds lights on the mechanisms by which health inequities amplify economic inequalities.
Nick Bunker elevates a few key findings from the latest release of the Job Openings and Labor Turnover Survey, better known as JOLTS, and tells us what it means for the U.S. labor market.
Links from around the web
With all the frenzy around tax cuts on Capitol Hill, Annie Lowrey takes a moment to remind us that the United States was already a low-tax country. [the atlantic]
The proposed tax plan now before Congress will do little to drive economic growth, writes Eduardo Porter, instead redistributing money away from the poor and middle class and toward the wealthy, reducing welfare overall. [ny times]
Rana Foroohar looks into why labor is almost exclusively seen as a cost for businesses rather than an asset, and argues that investing more in workers can actually improve companies’ bottom line. [financial times]
Claudio Sanchez writes about how universal preschool in Tulsa created positive effects for children that last through middle school, according to the first long-term study of a universal pre-K program. [npr]
This week, the Minneapolis Federal Reserve published an interview with Princeton economist Anne Case, who discussed her work and career and women in the economics profession, saying that economics is not “altogether a healthy discipline for women. Unfortunately, I don’t see that as a problem that is going away.” [minneapolis fed]
From “New worldwide report on inequality shows how the United States compares” by Austin Clemens.