Columbia Challenges Vote by Graduate Students to Unionize – The New York Times

Students at Columbia University protested on Monday at the Manhattan campus over the university’s decision to challenge the recent vote by graduate students to unionize. Credit Karsten Moran for The New York Times The battle over whether graduate students at universities can unionize entered a new phase on Friday, when Columbia University filed a challenge…

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Half of 30-year-olds make as much as their parents did at the same age, according to a new study — Quartz

The American dream hinges on the idea that future generations will do better than the ones that preceded them. But a new study (pdf) from a team of economists and sociologists at Harvard, Stanford, and the University of California is bad news for a whole generation: Only half of American 30-year-olds today earn more money…

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Giving poor people cash gets them to spend more on good stuff and less on tobacco and alcohol — Quartz

It is increasingly common for governments to give poor people money. Rather than grant services or particular goods to those in poverty, such as food or housing, governments have found that it is more effective and efficient to simply hand out cash. In some cases, these cash transfers are conditional on doing something the government…

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Economic Inequality in the U.S. Is Far Worse Than You Thought

We’ve long understood that there’s something fundamentally broken about the United States’ modern economy, from the uneven distribution of net household wealth to the growing disparities in incomes between the 1 percent and everyone else. But new research from three top economists paints an even grimmer picture, by putting to bed one of the biggest myths about…

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Federal Reserve Chair Throws Cold Water On Trump’s Economic Plan : The Two-Way : NPR

END CLASS=”STORY-META__ONE” END CLASS=”STORY-META__TWO” END ID=”STORY-META” CLASS=”STORY-META HAS-BYLINE” Federal Reserve Board Chair Janet Yellen told Congress on Thursday she didn’t agree with President-elect Donald Trump’s plans for more infrastructure spending and less banking regulation.   Win McNamee/Getty Images hide caption toggle caption   Win McNamee/Getty Images   Federal Reserve Board Chair Janet Yellen told Congress…

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It was the Democrats’ embrace of neoliberalism that won it for Trump | Naomi Klein | Opinion | The Guardian

They will blame James Comey and the FBI. They will blame voter suppression and racism. They will blame Bernie or bust and misogyny. They will blame third parties and independent candidates. They will blame the corporate media for giving him the platform, social media for being a bullhorn, and WikiLeaks for airing the laundry. But…

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Stock Markets Plunge as Trump Returns Surprise Investors | NBC Chicago

Dow futures fell more than 800 points startclickprintinclude endclickprintinclude loadInlineNwsModule | $loadInlineNwsModule nwsLetterEmbedded | $nwsLetterEmbedded nwsModuleAttached | false NEWSLETTERS   Receive the latest national-international updates in your inbox startclickprintinclude Stock market futures plunged dramatically, as investor expectations of an easy Hillary Clinton win ran head-long into a growing lead for Donald Trump. Futures on the…

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