Daily Digest - August 4: The Underappreciated Success of Financial Reform

Aug 4, 2014Rachel Goldfarb

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Obama’s Other Success (NYT)

Dodd-Frank financial reform is proving more successful than expected, writes Paul Krugman. He cites Roosevelt Institute Fellow Mike Konczal in debunking the claim that the law created permanent bailouts.

The NFL Cheerleaders Should Be Your Fair-Pay Heroes (TNR)

Bryce Covert looks at what's needed to achieve wage growth in today's economy. She talks to Mike Konczal, who suggests that the Fed could help everyone's wages if it focused on unemployment.

Economy Adds 209,000 Jobs in July; Unemployment Rate Edges Up to 6.2 Percent (WaPo)

Ylan Q. Mui breaks down Friday's jobs report, which was generally positive but showed that underemployment (part-timers who want more hours) and long-term unemployment haven't budged.

Relying on Online Listings, Young Americans Struggle to Find Jobs (The Guardian)

Today's system of online job applications isn't making the search any easier, writes Jana Kasperkevic, as job-seekers find that their applications seem to disappear into black holes.

Work and Worth (Robert Reich)

Robert Reich emphasizes the difference between pay and value to society, given that kindergarten teachers and social workers make far less than hedge fund managers.

New on Next New Deal

The Worker-Owned Small Business Revolution

In his video speculation for the Next American Economy project, Gar Alperovitz predicts that as MBAs realize that worker-owned companies achieve higher productivity, the model will grow.

Thinking About the Women in Think Tanks

Bringing more women into the upper echelons of policy work will require engaging younger women in this work, writes Roosevelt Institute Summer Academy Fellow Hannah Zhang.

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