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Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally published at Next New Deal

Click here to receive the Daily Digest via email.

America’s Jobless Generation (NYRB)

Roosevelt Institute Senior Fellow and Director of the Bernard L. Schwartz Rediscovering Government Initiative Jeff Madrick argues that policy, not technology, is keeping unemployment high. He's particularly concerned about the effect of these policies on young people.

Why This Particular Recovery Is So Bad at Creating New Jobs (Pacific Standard)

Timothy Noah looks at various reasons that our recovery isn't solving unemployment. He suggests that the economy is following Walmart, which doesn't seem to want to hire anyone in a permanent position these days, preferring "flexible" temporary workers.

401(k)s are Replacing Pensions. That’s Making Inequality Worse. (WaPo)

Lydia DePillis argues that the growth of 401(k)s is going to increase inequality among the elderly. Pensions aren't perfect, but at least they didn't require low-income workers to decide between today's bills and tomorrow's retirement.

Justice Department Tackles Quality Of Defense For The Poor (All Things Considered)

Carrie Johnson reports on a Department of Justice filling in a case on the quality of public defense in two cities in Northern Washington. Overburdened defense attorneys agree that an independent monitor's oversight would help.

In Budget Cuts, Low-Income Students Suffer More Than Wealthy Ones (MSNBC)

Suzy Khimm explains why poorer school districts are being hit harder by sequesteration then wealthier districts that could presumably absorb some cuts. With straight cuts across the board, the more federal funds a district typically needs, the more it loses this year.

What's Killing Poor White Women? (TAP)

Monica Potts examines the decreasing life expectancy of uneducated white women. Weaving facts about the demographic into the story of one such woman's early death, she tells a harrowing tale about how much these factors effect a life.

New on Next New Deal

How Ronald Coase Demolished Current Libertarian Ideas About Property

Roosevelt Institute Fellow Mike Konczal argues that Ronald Coase's work helps to prove that "self-ownership" can't solve all our problems. Property rights overlap, and social arrangements (like government) must prioritize one owner over others.


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Originally posted to Daily Kos Economics on Wed Sep 04, 2013 at 07:42 AM PDT.

Also republished by Daily Kos.

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