Tim Bartik Profile picture
Senior economist at the Upjohn Institute for Employment Research

Jan 8, 2019, 7 tweets

Important article by @rodrikdani on the need for the left to go beyond "post-market" income redistribution. He highlights the following possibilities:

(1) Policies to help the small business sector be more productive, which includes but are not limited to manufacturing extension. He cites my work on manufacturing intenisve communities, at research.upjohn.org/cgi/viewconten…

(2) Technology policies to encourage technologies that boost labor demand for average workers;

(3) Policies to offset market power of employers, such as unionization, min wages, and regulating gig economy;

(4) Policies that reduce role and power of financial sector, and regulate its activities more.

and @rodrikdani argues that these need to be augmented by political rearrangements that reduce the inordinate power of money in politics.

What would I add to this? I think pre-market policies need to explicitly address geographic inequalities, which are growing, as @davidautor pointed out in his Ely lecture at #ASSA2019 : aeaweb.org/webcasts/2019/…

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