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Op-Ed: GW Can Fight D.C.’s Income Divide with Endowment (The GW Hatchet)
David Meni and Zach Komes, leaders of the Roosevelt Institute | Campus Network's George Washington University chapter, suggest their school should invest in financial institutions focused on community development.
- Roosevelt Take: Roosevelt Institute Associate Director of Networked Initiatives Alan Smith explains Rethinking Communities, a Campus Network project examining how colleges and universities can have do more to help local economies.
Economic Reform Is a Human Right (The Nation)
Radhika Balakrishnan and James Heintz argue that a human rights framework can lead to better social and economic policy; for example, bailing out the banks but not homeowners could be considered a human rights violation.
Conservatives Defend Inequality out of Self-Interest — Nothing More (The Week)
Class interest keeps the wealthy from admitting that inequality harms economic growth, writes Sean McElwee, but they don't necessarily have bad intentions. He instead calls on them to do some self-examination.
The House GOP's Obamacare Alternative Won't Curb Health Care Costs—But It Will Enrich the Insurance Industry (MoJo)
The Republican plan includes restrictions on medical-malpractice lawsuits. Stephanie Mencimer cites a recent Florida Supreme Court decision, which declared that such restrictions only serve to increase profit for the insurers.
Costly Loans Are Drawing Attention From States (NYT)
Jessica Silver-Greenberg and Rachel Abrams report on the ways that short-term loan providers are working to get around existing regulations, and how states are starting to crack down.
The Polar Vortex Kept Shoppers at Home—Will the Economy Pick Up Now? (The Atlantic)
Matthew O'Brien looks at a study on car sales in January, which shows weaker growth in the states with the worst winters. But sales are everything: he says we'll know the economy is really picking up when people take on more debt.
Fast-Food Workers Get New Ally in New York City Fight for Fair Pay (The Guardian)
New York City's public advocate, Tish James, is stepping up to help in the wake of wage theft lawsuits against McDonald's, reports Jon Swaine. She's proposing legislation to create a whistleblower hotline to fight these practices.