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.
Economic volatility
Did we swap lower volatility for the entire economy for higher household income volatility? And how can we households better deal with the increased risk? [money & banking]
Changes in the labor market
Ben Casselman on the slowly disappearing summer jobs for teenagers [fivethirtyeight]
Zach Goldfarb on the declining labor force participation rate for women and how policies, such as paid family leave, can help reverse the trend [wonkblog]
But men are also leaving the labor force. Uri Berliner asks why [npr]
Jodi Kantor on the chaos created by erratic work schedules [nyt]
Investment
Cardiff Garcia dives into the long-term investment trends and how that links into arguments about a possible future era of low growth [ft alphaville]
Why are finance-sector profits an increasing share of our economy? Iren Levnia argues it’s because the industry’s profits look more and more like capital gains [ft alphaville]