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.
Traders behaving badly
Izabella Kaminska puts the foreign exchange market-rigging scandal into context [ft alphaville].
Paul Krugman tries to understand the roots of the rage among the hedge fund set [ny times].
Labor market issues
Nick Timiraos looks at the high level of part-time employment and asks if it’s the post-Great Recession norm [wsj].
David Leonhardt argues that one fact is hanging over politics and policy: the great slowdown in wages [the upshot].
Savings and capital accumulation
Felix Salmon points out that share buybacks don’t benefit just capital but also the top management of firms [medium].
Don’t worry too much about Millennials when it comes to saving, says Catherine Rampell. Every generation saves relatively less when they are young [wapo].