“The reason that an aggressive program like [George Romney’s] hasn’t been done since is that there’s no political support for it,” said Richard Rothstein, a research associate at the Economic Policy Institute and author of The Color of Law. “And part of the reason there’s no political support for it is because we’ve adopted this myth that the government wasn’t responsible for segregation, and so there’s no governmental responsibility for undoing it.” (Rothstein quoted throughout)
The Atlantic
April 2, 2018
The homeownership gap between blacks and whites is now wider than it was during the Jim Crow era. Another independent research report by the Economic Policy Institute found that the difference in black homeownership between 1968 and 2018 is virtually the same — 41.1 percent (1968) compared to 41.2 percent (2018).
Orlando Sentinel
April 2, 2018
Research from the Economic Policy Institute earlier this year thatlooked specifically at the employment impact of Amazon Fulfillment Centers on their host communities came to a similarly sobering conclusion. “While warehousing jobs increased in the two years after,” wrote CityLab’s Tanvi Misra, “overall employment at the county level remained roughly the same.”
City Lab
March 30, 2018
A 2018 study by the left-leaning Economic Policy Institute found that the overall employment rates don’t change when Amazon opens a new warehouse in a city. The researchers say warehouse wages also do not change when Amazon comes. Cities and states providing tax incentives to Amazon for warehouse construction may be getting a “bad bargain,” one of the study’s authors, Ben Zipperer, told Business Insider. Amazon, which has opened fulfillment centers in 25 states, disputes the group’s findings.
Business Insider
March 30, 2018
Still, the minimum starting salary for an entry-level lecturer in Ann Arbor is $34,500 for the eight-month academic year, the university confirmed, which annualizes to much less than the $89,186 the nonpartisan Economic Policy Institute says a family of four needs to live there, and which Cardinal and others said they’re not shy about sharing with their students.
The Hechinger Report
March 30, 2018
“He has consistently underestimated how much lower the unemployment rate could sustainably go,” wrote Josh Biven in a note from the Economic Policy Institute, a left-leaning think tank that has worked with the Fed Up Campaign.
The Wall Street Journal
March 29, 2018
The department devised the rule out of concern that the increased popularity of individual retirement accounts attracts clients who can be duped into dubious transactions by advisers with conflicts of interest. One example is that an adviser sells a client a fund charging a 2 percent sales fee, and doesn’t offer similar products with lower fees. Heidi Shierholz, senior economist with the nonprofit Economic Policy Institute, says investors acting on advice from nefarious advisers will lose an estimated $23 billion a year.
St. Louis Post Dispatch
March 29, 2018
Teachers have long been underpaid. Their average salary is a little over $58,000 a year. While that’s just below the national median income, teachers have the kinds of qualifications that should mean they bring home more than the average employee. About half of public-school teachers have a master’s degree, and nearly two-thirds have more than 10 years of job experience. And yet they make 17 percent less than other similarly educated workers, according to the Economic Policy Institute. Compensation for all college graduates rose over the last two decades, adjusted for inflation, but for teachers it actually declined.
The Nation
March 29, 2018
The idea was conceived by John Hansen, a retired World Bank adviser. The Coalition for a Prosperous America, an organization that represents import-threatened companies and unions, endorsed the market access charge last year. Hansen says the coalition’s representatives talked it up in 130 meetings with congressional staffers in mid-March and got strong interest. The charge could succeed in shrinking trade deficits, says Joseph Gagnon, a senior fellow at the centrist Peterson Institute for International Economics. One advantage, he says, is that “it’s completely legal under international law.” Robert Scottof the labor-supported Economic Policy Institute has also come out in favor. Big banks, however, would likely oppose it, and the public might dislike it for making imports more costly and raising interest rates.
Bloomberg
March 29, 2018
Still, the minimum starting salary for an entry-level lecturer in Ann Arbor is $34,500 for the eight-month academic year, the university confirmed, which annualizes to much less than the $89,186 the nonpartisan Economic Policy Institute says a family of four needs to live there, and which Cardinal and others said they’re not shy about sharing with their students.
Quartz
March 29, 2018