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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
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.