Weekend reading
This is a weekly post we usually 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 Chicago economist Amir Sufi makes the case that monetary policy in the United States has become weak due to rising wealth inequality. [bis]
Adam Davidson points out the importance of economic data and calls for new measures. [nyt]
University of California-San Diego sociologist Lane Kenworthy shows how the United States is and is not exceptional. [the good society]
Lydia DePillis argues that businesses, who now complain they can’t find skilled workers, pushed away a good source: unions. [wonkblog]
Heard stories about how the United States is now a nation of freelancers? Moody’s Analytics economist Adam Ozimek looks at the data and finds no evidence for that narrative. [moody’s]
Friday figure
Figure from “Waiting for healthy U.S. wage growth” by Nick Bunker