I woke up this morning seized with an uncontrollable urge to post Bloomsbury's video of me discussing The Great Divergence: America's Growing Inequality Crisis And What We Can Do About It, on my blog. Please don't judge me. I will henceforth confine overt marketing of the book--latest favorable reviews, upcoming book appearances, etc.--to my Web site, timothynoah.com (now available on mobile devices! and soon to carry an RSS feed of this blog, if I can figure out how to do that).
A new jobs report is out this morning. It's not quite as bad as some people feared. But it's still bad. Unemployment actually went up from 9.5 to 9.6 percent.
One near-constant facet of American politics is that policies effecting the lives of people with low incomes or other unfortunate circumstances are usually crafted with no input from them at all. Health care reform took so many decades to enact in part because the uninsured are a completely unorganized group.
The case for appointing Elizabeth Warren to run the new Consumer Financial Protection Bureau is pretty straightforward. She came up with the idea and she believes in it. She's a passionate defender of consumer rights who also has a vast knowledge of the financial industry. She would inspire like-minded people to join the new agency, in ways that could shape it for generations. "This might sound a bit strong," Annie Lowrey writes in the Washington Independent.