Skip to main content

Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally posted on Next New Deal

Click here to receive the Daily Digest via email.

Fixing A Hole: How the Tax Code for Executive Pay Distorts Economic Incentives and Burdens Taxpayers (Roosevelt Institute)

Roosevelt Institute Director of Research Susan Holmberg and Roosevelt Institute | Campus Network Senior Fellow in Economic Development Lydia Austin analyze the ways the performance pay loophole harms taxpayers, companies, and the economy.

If Dodd-Frank Doesn’t Work, Here are Four Things That Could (WaPo)

Roosevelt Institute Fellow Mike Konczal outlines some ideas that were rejected during the debates over Dodd-Frank. He suggests that if aspects of Dodd-Frank aren't working, we should remember these proposals, which favored strong lines over regulatory micromanagement.

Coming Home for the Recession (TAP)

Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz continues her series on Millennials and the new economy, this time focusing on young women of color for whom the recession has enforced traditional living patterns, because living with family is cheaper.

Detroit, and the Bankruptcy of America’s Social Contract (Robert Reich)

Robert Reich suggests that Detroit's bankruptcy is an indication of the problems that come from increased class segregation. By fleeing to the suburbs, Detroit's middle and upper classes untied themselves from the needs of the city.

In Climbing Income Ladder, Location Matters (NYT)

David Leonhardt reports on a new study that looks at income mobility across regional lines. One of the most interesting findings is that mixed income neighborhoods, where many classes live together, are a strong indication of better income mobility for children.

Deception in Counting the Unemployed (The Atlantic)

Steve Clemons looks at the work of Leo Hindery, Jr., a former CEO who has fought for better deals for workers for many years. Hindery's focus is on "real unemployment," and he claims the government's use of the U-3 numbers obscures the facts facing workers.

Mapping the Sequester's Impact on Low-Income Housing (The Nation)

Greg Kaufmann discusses the ways that sequestration is affecting the people who rely on Section 8 housing vouchers. He maps out story after story of cuts that the Center on Budget and Policy Priorities says will lead to a rise in homelessness.

A Shuffle of Aluminum, but to Banks, Pure Gold (NYT)

David Kocieniewski explains how banks have started buying physical commodity trading assets, like aluminum, to gain market intelligence for that commodity. This translates to miniscule increases in the cost of products, and billions in profits to the banks.

Originally posted to Daily Kos Economics on Mon Jul 22, 2013 at 07:20 AM PDT.

Also republished by Daily Kos.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site