DALY: Our mismeasured economy. "Today's polarized debates about the role of government often boil down to a single issue: the size of government compared with the size of the overall economy, as measured in gross domestic product....But such comparisons are not very meaningful: The way we measure government’s role in the economy is limited, inaccurate and unrealistic....We make the case that, in at least four critical ways, this G.D.P.
There are few more important moments in a person’s life than when a family member needs care — whether a new baby is born or adopted or a parent, child or spouse falls seriously ill or has an accident.
Sharon Lerner, a senior fellow at the public policy organization Demos, has spent the past year interviewing a diverse sample of New Jersey employers about the effect of paid leave. Those who admitted they’d feared being deluged by workers abusing the policy said they’d learned such fears were unfounded. None of the employers in the survey reported that paid leave had negatively affected their company’s productivity, profitability, or turnover, and some reported improved morale.
The Dow Jones industrial average climbed above 17,000 for the first time Thursday, boosted by strong job gains. It's been a remarkable summer for stocks, but many people don't feel like they're seeing any benefit.
“Dog Whistle Politics: How Coded Racial Appeals Have Reinvented Racism & Wrecked the Middle Class,” by Ian Haney Lopez. When I returned to West Virginia earlier this year to write about its particular brand of conservative politics, I consumed a lot of talk radio and came to recognize a subtext that is charged with fear and resentment about the loss of some kind of America. Lopez, a Berkeley law professor, digs into the new vocabulary of racism."