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By Rachel Goldfarb, originally published on Next New Deal

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Northwestern Players Get Union Vote (ESPN)

The Chicago district of the National Labor Relations Board has ruled that Northwestern's football players qualify as employees, in part because their scholarships are tied to performance, reports Brian Bennett.

Connecticut Senate Approves Bill to Raise Minimum Wage to $10.10 (Reuters)

The state legislature's lower house is expected to pass the bill as well, reports Richard Weizel, which would make Connecticut's minimum wage the highest of any state's.

Who Needs a Boss? (NYT)

Worker-owned cooperative businesses could be a key way to shift wealth from investors to labor and reduce economic inequality, writes Shaila Dewan. And such co-ops are on the rise again in the U.S.

Payday Loans Aren’t the Problem. The Problem is Poverty. (WaPo)

Lydia DePillis argues that when discussing regulations for predatory payday lending, it's important not to lose sight of the root cause. In the long run, fighting poverty will do far more than increasing regulations.

Taxpayer Subsidies and Too-Big-to-Fail Banks (NYT)

Teresa Tritch suggests that the Federal Reserve of New York's study on "too big to fail" ends without clarity, since the data only goes through 2009, before the biggest post-crisis reforms were even passed into law.

Piketty's Inequality Story in Six Charts (The New Yorker)

John Cassidy pulls six charts from Thomas Pikkety's book, Capital in the Twenty-first Century, to explain the book's narrative of inequality through shares of income and wealth of various groups.

New on Next New Deal

National Labor Law in the United States: Scanty Protections for Organizing Leave Out Many Workers

In the third post in his series on his new report on labor reform, Roosevelt Institute Senior Fellow Richard Kirsch examines the weaknesses of American labor law, particularly the National Labor Relations Act.

Originally posted to Daily Kos Economics on Thu Mar 27, 2014 at 05:17 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Another new book worth checking out (0+ / 0-)

    My friend Tom Sgouros has a new book called Checking the Banks. Here's his description:

    Checking the Banks is a primer about banks, banking, and the financial industry, aimed at people who want to change the way it all works (and the way it doesn't). It explains complicated ideas like bank capital, leverage, and repo transactions, and describes how banks balance the risks they take, or at least how they are supposed to. Because I feel strongly that our nation would benefit from more democratic control over the financial system, the book also describes ways our government(s) could become more involved -- besides just seeking to regulate banks further. We have the power to make better banks, if we choose to use it.

    It's a good book for activists who want to change banking, but it's a good book for people who just want to understand what's going on, too.

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