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

University of Michigan’s Susan Dynarski lays out the facts on student debt and defaults. [the upshot]

“Capital in the 21^st Century” author Thomas Piketty reviews Oxford University economist Anthony Atkinson’s new book “Inequality: What Can Be Done?” [nyrb]

Matthew C Klein argues that Spain’s “beautiful deleveraging” shows the deep flaws of the Euro currency zone. [ft alphaville]

University of Massachusetts-Amherst’s Arindrajit Dube writes explains the relationship between efficiency wages, monopsony, and how raising wages affects profits. [arin dube]

Ryan Avent argues that the best way economies can prepare for the next recession is to continue supporting the current recovery. [the economist]

Friday figure

Figure from “How raising the minimum wage ripples through the workforce” by Ben Zipperer.