By Rachel Goldfarb, originally published on Next New Deal
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Surprise! 'Pro-Business' Policies Hurt State Economic Growth (LA Times)
A University of Wisconsin professor has shown that business-friendly ALEC's rankings of state economic policies are good predictors of slow job growth, writes Michael Hiltzik.
A Year After Being Discredited, Austerity Economics Still Reigns (AJAM)
Dean Baker says that despite knowing that Carmen Reinhart and Ken Rogoff were wrong about debt-to-GDP ratios and economic growth, governments haven't given up on austerity.
- Roosevelt Take: Roosevelt Institute Fellow Mike Konczal was one of the first to write about the problems in the infamous Reinhart-Rogoff paper.
Study: RomneyCare Seems To Have Saved Lives, And Obamacare Could Too (TPM)
A new study shows that Massachusetts' mortality rate fell after it implemented health care reform, reports Dylan Scott. The study's authors say the same could happen nationally.
- Roosevelt Take: Roosevelt Institute Senior Fellow Richard Kirsch says that in addition to data like this, stories about the ACA's success are key to building support.
SEC Finds High Rate of Fee, Expense Violations at Private-Equity Firms (WSJ)
More than half of the firms allocated their expenses or charged fees inappropriately, or even illegally, to boost profits, report Gillian Tan and Michael Wursthorn.
There’s Still No Reason to be Afraid of the Inflation Monster (WaPo)
Matt O'Brien writes that despite persistent fears, wages aren't rising and therefore aren't causing inflation. The real story is that wages are flat despite lower unemployment.
What Would Happen to Companies Like Target If They Paid $15 an Hour? (PolicyShop)
David Callahan considers the possible impact of a modern-day Henry Ford giving low-wage workers a big increase. He says it would boost the entire economy and that company's profits.
New on Next New Deal
As the nation's largest student policy organization approaches its 10th anniversary, alumna and former staffer Tarsi Dunlop reflects on what it has accomplished and what's to come.