Weekend reading

This is a weekly post we publish on Fridays with links to articles we think anyone interested in equitable growth should be reading. 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.

Links

Susan Dynarski points out that the gap in college completion rates for rich and poor students is even wider than the enrollment gap. [the upshot]

Steve Randy Waldman argues that Ben Bernanke didn’t acknowledge some important counterfactuals when talking about monetary policy and inequality. [interfluidity]

J.W. Mason observes that “fifteen years ago, the representative rich person in the US was plausibly a CEO, or even an elite professional. Today, they mostly just own stuff.” [the slack wire]

Gavyn Davies says that low productivity in the United Kingdom isn’t a puzzle at all. [ft]

Shane Ferro makes the case for increased unionization as the path forward for higher wages and wage-led economic growth. [business insider]

Friday figure

Figure from “Waiting for healthy U.S. wage growth” by Nick Bunker