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Econ Extra Credit newsletter #45
In the past 40 years, income inequality has cost 90% of workers about $2.5 trillion, the Rand study suggests.
The costs for Black borrowers to pursue a college have been growing exponentially.
José Quiñonez says a targeted, data-driven system will help us during and after the COVID-19 pandemic.
The labor movement of the future moves beyond traditional collective bargaining, says former SEIU Local 26 President Javier Morillo.
"If people don't have money in their pockets, then this type of economy that we have can't work," says Wharton professor Mauro Guillén.
Lightfoot wants to "unwind" Chicago's "addiction to fines and fees" so as to not drive people into bankruptcy and out of the economy.