The University of Michigan, as a public university, has an inherent responsibility to serve the interests of the community it represents. The institution purchases more than $1 billion of goods and services each year, and how the university chooses to spend that money shapes the structure and values of Ann Arbor and Southeastern Michigan as

Hedge funds have aggressively pursued U.S. public pension dollars, maintaining that they offer pension funds absolute return and volatility reduction in exchange for the high management and performance fees that they charge. And many public pension systems, with encouragement from their investment consultants, have made significant allocations to hedge funds, chasing the promise of superior

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Five years after the official end of the recession, economic activity in the U.S. remains below potential. One important reason is the slow growth in business investment, which remains weak, especially compared to previous recoveries. To an increasing number of observers, the weakness in investment appears related to the rise in what observers are calling

The goal of this paper is to address the most common objections to the idea that short-termism—the focus on short time horizons by both corporate managers and financial markets—is a serious problem for the U.S. economy. These objections fall into three broad categories: short-termism is not real (because of an apparent increase in business investment),

The Blueprint to Empower Workers for Shared Prosperity, a report by Roosevelt Senior Fellow Richard Kirsch, Roosevelt Fellow Dorian Warren, and Project Manager Andy Shen, is the culmination of a two-year process that brought together labor unions, academics, leading thinkers from worker organizing centers, community and policy groups, and attorneys to identify major areas in which

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In this report, Roosevelt Chief Economist Joseph Stiglitz explains how Federal Reserve policy affects and contributes to inequality in America. The Fed’s near singular focus on interest rates at the expense of full employment or effective regulation on the financial industry has hurt the economy and workers. America has not been doing well in either

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Finance has been the defining characteristic of the economy since the early 1980s. Its evolution has roots in our economy, laws, politics, and cultural ideology, and it influences everything from the nature of inequality to the innovative and productive capacity of the economy as a whole to the way we approach education and investment. Experts

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This policy note argues that the Affordable Care Act (ACA) should not be weakened by court ruling or overturned by legislative action and instead should be expanded and strengthened. In the coming days the Supreme Court will decide yet another case that will determine the fate of that law and the health coverage it has

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Inequality is a choice—one that we make with the rules we create to structure our society and economy. In this report, Roosevelt Chief Economist and Nobel laureate Joseph Stiglitz, joined by co-authors Nell Abernathy, Adam Hersh, Susan Holmberg, and Mike Konczal, exposes the link between the rapidly rising fortunes of America’s wealthiest citizens and increasing economic

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The Roosevelt Institute’s annual 10 Ideas series is the largest undergraduate policy journal, sharing locally-generated student ideas from across the country to create policy change. Read our 10 Ideas for Education 2015 below: 10 Ideas for Education, 2015 by Roosevelt Campus Network