We need new metrics of societal well-being. View this in your browser and share with your friends. <[link removed]>
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An Economic Growth Obsession
Public health and economic health shouldn’t be mutually exclusive. But as economic experts argue in a new Bloomberg piece, society’s fixation on GDP growth has skewed policy priorities to our collective detriment. “In the midst of a deadly pandemic, we still heard the false dichotomy positing a trade-off between our public health and our presumed economic viability,” says Roosevelt Fellow Darrick Hamilton.
“Focusing on the wrong things can lead to taking the wrong actions,” Roosevelt Chief Economist Joseph Stiglitz explains. “There are better gauges of how well we are doing, including assessing how the fruits of our progress are shared and the extent to which our gains are sustainable.”Read on. <[link removed]>
A Federal, Online Higher Education System
“If ever there was a moment, it is now for the federal government to play a role in creating a more centralized set of online courses,” Roosevelt’s Suzanne Kahn tells MarketWatch. As she envisions it, a federal online education system—with a free database of general education courses that fulfill credit requirements at colleges—could lower the cost of a degree. “If the federal government is making this available as a public good, there are still probably people who will go to colleges that cost money, but by setting a floor that is quality free public higher education, you’re both making that available and also helping to regulate the market,” says Kahn.Read more. <[link removed]>
Catch Up
- On the seventh episode of Made to Fail—a podcast co-produced by Roosevelt, The Hub Project, and Goat Rodeo—Mehrsa Baradaran, Lenore Palladino, and Bharat Ramamurti explain the legislative and administrative flaws that prevented some small businesses from accessing Paycheck Protection Program funds. Listen here. <[link removed]>
- Expanding on her Roosevelt report Beyond Transparency: Regulating Online Political Advertising <[link removed]>, Columbia University’s Anya Schiffrin hosted a panel addressing policy fixes for political mis/disinformation. Watch here. <[link removed]>
- In a Roosevelt webinar, Stacey Abrams—SEAP <[link removed]>Co-Founder and Executive Director—andOpen Society-U.S. <[link removed]>Executive Director Tom Perriello discussed how leaders across the South are innovating and building toward an equitable economic recovery.Watch now. <[link removed]>
What We’re Reading <[link removed]>6 Months after Coronavirus Shutdowns, the Shape(s) of the Economic Crisis <[link removed]> - New York Times
The Difference between Shareholder and Stakeholder Capitalism [feat. Roosevelt’s Joseph Stiglitz] <[link removed]> - Quartz
The Solution to the Retirement Crisis Is Still in Its Infancy [feat. Roosevelt’s Darrick Hamilton] <[link removed]> - MarketWatch
How to Fix America’s Voter Registration System So More People Can Vote <[link removed]> - Vox
How One Tribe Is Fighting to Vote Early <[link removed]> - Center for Public Integrity
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