– Harvard Business Review
The Harvard Business Review contends that the real engine fueling rising income inequality is “firm inequality”: In an increasingly winner-take-all (or at least winner-take-most) economy where the best-educated and most-skilled employees cluster inside the most successful companies, where their incomes rising dramatically compared with those of outsiders. This corporate segregation is accelerated by the relentless outsourcing and automation of noncore activities and by growing investment in technology.
– The Wall Street Journal
Republicans are heading for what they see as safer political ground: A major tax bill. But they might be heading right into another minefield. In theory, rewriting the tax code could be easier than revamping the whole healthcare industry. Republicans pride themselves on ideological unity in favor of lower tax rates, and there are lower stakes for Americans – paperwork and money are far different than matters of life and death. But there may be other squabbles, hurdles and difficult trade-offs.
– The New York Times
One of the largest and fastest-growing groups of young adults in America is the college dropout. Almost one in three Americans in their mid-20’s now fall into this group, up from one in five in the late 1960’s, when the Census Bureau began keeping such data. Most come from poor and working-class families. The American system of higher learning is cited to be a great equalizer but such statistics show that still might not be the case.
An obscure case that hasn’t received a ton of attention has made its way to the Supreme Court. Impression Products, Inc. v. Lexmark International, Inc., is a dispute over Lexmark’s patent rights regarding refilling printer cartridges. In the same way that Citizens United opened the floodgates for money in American politics leaving it forever changed, this case could lead major manufacturers to tack on all sorts of aftermarket restrictions on their products.