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.

Saving our way out of wealth inequality?

Derek Thompson looks at the data on U.S. wealth inequality and considers how we can get the broad swath of Americans to save more [the atlantic]

Shane Ferro thinks the emphasis should be more on spurring income growth rather than directly increasing savings [business insider]

Requiems for quantitative easing

Steve Randy Waldman thinks quantitative easing is pretty terrible, but it was the best available option [interfluidity]

“The Fed needs a change in behaviour, a change in target, or a change in personnel.” Ryan Avent castigates the Federal Reserve for ending QE. [the economist]

He’s a businessman, not business, man

When hearing economic policy advice from business people, we need to remember that there is no representative business, says Ryan Decker. [updated priors]

The disconnect between profits and investment

“Financial engineering, in other words, is Apple’s hotly anticipated new product.” Matt O’Brien looks at why Apple is borrowing money while sitting on $155 billion in cash. [wonkblog]