Weekend reading
This is a weekly post we publish every Friday with links to articles we think anyone interested in equitable growth should read. 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.
Monetary policy
Matthew C. Klein on the rise of borrowing in dollars outside of the United States and the implications for monetary policy. [ft alphaville]
Annie Lowrey on how central bankers should heed the lessons of the rap duo Outkast. [new york]
Capital and taxation
Peter Orzag argues that profit-sharing for employees can help alleviate the problems stemming from the decline of the labor share of income. [bloomberg view]
Justin Fox writes on the high price of avoiding taxes and corporate inversions. [bloomberg view]
The labor market
Allison Schrager looks at the data on labor force participation and finds that the dropouts are mostly students or retirees from high-income households. [businessweek]
Friday Figure
