CITATIONS

  1. Diep, Francie. 2020. “‘Our Biggest Fear’: What Outbreaks on 3 Campuses Say About the Pandemic This Fall.” The Chronicle of Higher Education, September 3 (https://www.chronicle.com/article/our-biggest-fear-what-outbreaks-on-3-campuses-say-about-the-pandemic-this-fall?). 

  2. Bolling, Cristina, and Shawn Hubler. 2020. “A Student Dies, and a Campus Gets Serious About Coronavirus.” The New York Times, October 5 (https://www.nytimes.com/2020/10/05/us/covid-college-death-chad-dorrill.html).

  3. Doran, Will. 2019. “After Maps Struck Down in NC Gerrymandering lawsuit, Top Republican Leader Won’t Appeal.” The News & Observer, September 5 (https://www.newsobserver.com/news/politics-government/article234668747.html).

  4. Johnson, Cedric. 2013. Final Tax Plan Falls Far Short of True Tax Reform. Raleigh, NC: North Carolina Justice Center, Budget & Tax Center (https://www.ncjustice.org/wp-content/uploads/2018/12/BTC-Reports-Final-Tax-Plan2013.pdf). 

  5. Johnson, Cedric. 2016. Tax Cuts Hurt Education for All: Limit Support to Foundations of Economic Opportunity. Raleigh, NC: North Carolina Justice Center, Budget & Tax Center (https://www.ncjustice.org/wp-content/uploads/2018/12/BTC-Brief-Education-Budget-Cedric2.pdf).

  6. Smith, Jay M. 2020. “UNC Should Cut from the Top.” The Daily Tar Heel, October 4 (https://www.dailytarheel.com/article/2020/10/opinion-jay-smith-oped-1005).

  7. Hodges-Copple, Sally. 2020. Pandemic Lays Bare North Carolina’s Reliance on Fines and Fees. Raleigh, NC: North Carolina Justice Center, Budget & Tax Center (https://www.ncjustice.org/wp-content/uploads/2020/07/BTC-Report_Fees.pdf). 

  8. Killian, Joe. 2020. “UNC System Exploring Worst-Case Scenario Budget Cuts of up to 50%.” NC Policy Watch, July 17 (http://www.ncpolicywatch.com/2020/07/17/pw-exclusive-unc-system-exploring-worst-case-scenario-budget-cuts-of-up-to-50/). 

  9. UNC System. 2020. 2019 Consolidated Financial Report. Chapel Hill, NC: The UNC System (https://www.northcarolina.edu/wp-content/uploads/reports-and-documents/finance-documents/2018-19-unc-consolidated-financial-report.pdf).

  10. Williamson, Thad, David Imbroscio, and Gar Alperovitz. 2003. Making a Place for Community: Local Democracy in a Global Era. New York: Routledge, 17.

  11. US Bureau of Labor Statistics. 2020. “Alternative Measures of Labor Underutilization for States, Fourth Quarter of 2019 through Third Quarter of 2020 Averages.” Bureau of Labor Statistics, updated October 23 (https://www.bls.gov/lau/stalt.htm). 

  12. NC Dept. of Health and Human Services (NCDHHS). 2020. COVID-19 North Carolina Dashboard. Raleigh, NC: NCDHHS (https://covid19.ncdhhs.gov/dashboard).

  13. United Health Foundation. 2020. Health of Women and Children, Food Insecurity - Household. Minneapolis, MN: UnitedHealth Group (https://www.americashealthrankings.org/explore/health-of-women-and-children/measure/food_insecurity_household/state/NC); Sessoms, Ben. 2020. “Thousands of North Carolina Residents Fell through Cracks between Eviction Halts.” Citizen Times, September 28 (https://www.citizen-times.com/story/news/local/2020/09/28/north-carolina-landlords-filed-more-than-18-000-eviction-orders-just-two-months/3529116001/). 

  14. UNC Human Resources. 2020. “Families First Coronavirus Response Act: Fact Sheet & FAQs.” UNC Chapel Hill, last accessed Nov. 1  (https://hr.unc.edu/benefits/ffcra-facts-faqs/); ABC 11. 2020. “‘Not Just about the Students’: UNC Housekeepers Petition for more COVID-19 Safety Measures as Students Return.” ABC 11, July 22 (https://abc11.com/unc-housekeepers-petition-campus-covid-19-football-north-carolina-coronavirus/6329478/). 

  15. US Centers for Disease Control and Prevention (CDC). 2020. “Hospitalization and Death by Race/Ethnicity.” CDC, last updated Aug. 18 (https://www.cdc.gov/coronavirus/2019-ncov/covid-data/investigations-discovery/hospitalization-death-by-race-ethnicity.html). 

  16. Suneson, Grant, and Samuel Stebbins. 2019. “These 15 Countries Have the Widest Gaps Between Rich and Poor.” USA Today, May 28 (https://www.usatoday.com/story/money/2019/05/28/countries-with-the-widest-gaps-between-rich-and-poor/39510157/); Piketty, Thomas, and Emmanuel Saez. 2007. “How Progressive is the U.S. Federal Tax System? A Historical and International Perspective.” Journal of Economic Perspectives 21(1): 3-24 (https://eml.berkeley.edu/~saez/piketty-saezJEP07taxprog.pdf).

  17. DQYDJ. 2020. “Who Are the One Percent in the United States by Income and Net Worth?” DQYDJ, September 29 (https://dqydj.com/top-one-percent-united-states/).

  18. Jacobs, Julian. 2020. “The Dangers of Private Debt.” Dollars & Sense, September/October (http://dollarsandsense.org/archives/2020/0920jacobs.html).

  19. Andres, Tommy. 2018. “Divided Decade: How the Financial Crisis Changed Housing.” Marketplace, December 17 (https://www.marketplace.org/2018/12/17/what-we-learned-housing/); Marketplace. 2018. “Why Didn’t Any Wall Street CEOs go to Jail after the Financial Crisis?” Minnesota Public Radio (https://features.marketplace.org/why-no-ceo-went-jail-after-financial-crisis/). 

  20. Nonini, Don. 2020. “The UNC System’s Poor COVID-19 Response is the Natural Outcome of its For-Profit Business Model.” Indy Week, September 2 (https://indyweek.com/news/northcarolina/op-ed-unc-covid-business-model-tax/). 

  21. Tully, Tracey. 2020. “Deal Reached in N.J. for ‘Millionaires Tax’ to Address Fiscal Crisis.” The New York Times, September 17 (https://www.nytimes.com/2020/09/17/nyregion/nj-millionaires-tax.html). 

  22. UE. 2020. “Local 150 Launches ‘Safe Jobs Save Lives’ Campaign, Fights for Essential Workers’ Safety” UE, May 26 (https://www.ueunion.org/ue-news/2020/ue-local-150-safe-jobs-save-lives-covid-19-north-carolina). 

  23. Glasmeier, Amy K. 2020. Living Wage Calculator, Living Wage Calculation for Durham-Chapel Hill, NC. Cambridge, MA: Massachusetts Institute of Technology (https://livingwage.mit.edu/metros/20500).

  24. Flaherty, Coleen. 2015. “$15,000 Per Course?” Slate, February 12 (https://slate.com/human-interest/2015/02/15000-per-course-the-seius-faculty-forward-sets-a-goal-for-adjunct-professor-pay.html). 

  25. NC Const. art. IX. § 9 (https://www.ncleg.gov/Laws/Constitution/Article9).

  26. Johnson, Final Tax Plan Falls Far Short. See supra note 4.

  27. Johnson, Cedric D. 2016. North Carolina’s “Tax Swap” Gives Biggest Breaks to the Wealthiest, Undermines Public Investments for Us All. Raleigh, NC: North Carolina Justice Center, Budget & Tax Center, p. 4 (http://ncjustice-mail.org/sites/default/files/BTC%20BRIEF%20-%20Tax%20Swap%20Gives%20Breaks%202%20Wealthy.pdf). 

  28. UNC Management Company (UNCMC). 2020. UNC Investment Fund, Inc. 2019 Annual Report. Chapel Hill, NC: UNCMC (https://uncmc.unc.edu/files/2020/02/FY-2019-UNCIF-Annual-Report-FINAL.pdf).

  29. Ross, Sean. 2020. “How Quantitative Easing (QE) Affects the Stock Market.” Investopedia, July 30 (https://www.investopedia.com/ask/answers/021015/how-does-quantitative-easing-us-affect-stock-market.asp). 

  30. Morningstar. 2020. DJ Industrial Average PR USD -- Price as of Oct. 23. Morningstar, Inc. (https://www.morningstar.com/indexes/dji/!dji/quote). 

  31. Anonymous. 2020. “We Should Spend our Endowments.” Inside Higher Ed, April 27 (https://www.insidehighered.com/views/2020/04/27/wealthy-colleges-should-spend-their-endowments-help-their-communities-opinion). 

  32. Min, Sarah. 2020. “After Turning Down Stimulus, Northwestern Taps Endowment.” Chief Investment Officer, May 14 (https://www.ai-cio.com/news/turning-stimulus-northwestern-taps-endowment/). 

  33. Caffrey, Michelle. 2020. “University of Delaware to cut Staff, Draw from Endowment as it Faces $250M Deficit.” Philadelphia Business Journal, September 24 (https://www.bizjournals.com/philadelphia/news/2020/09/24/university-of-delaware-deficit-endowment-layoffs.html).

  34. Gutierrez, Julio. 2020. “What if UNC’s $6.5 Billion Endowment Actually Worked for All of US?” Indy Week, October 28 (https://indyweek.com/news/northcarolina/unc-chapel-hill-endowment/). 

  35. Vetter, David. 2020. “Just How Good An Investment is Renewable Energy? New Study Reveals.” Forbes, May 28, (https://www.forbes.com/sites/davidrvetter/2020/05/28/just-how-good-an-investment-is-renewable-energy-new-study-reveals-all/#7738ef5a4d27). 

  36. UNCMC, 2019 Annual Report, p. 11. See supra note 28.

  37. Id.; UNC System, 2019 Consolidated Financial Report. See supra note 9.

  38. Calloway, Jane. 2020. “Carolina Could See $300 million Budget Shortfall as a Result of Global Pandemic.” The Well, September 4 (https://thewell.unc.edu/2020/09/14/carolina-could-see-300-million-budget-shortfall-as-a-result-of-global-pandemic/).

  39. UNCMC, 2019 Annual Report. See supra note 28. 

  40. UNC System, 2019 Consolidated Financial Report. Page 21. See supra note 9.

  41. UNC Management Company (UNCMC). 2017. University of North Carolina at Chapel Hill Foundation Investment Fund, Inc. 2017 Annual Report. Chapel Hill, NC: UNCMC, https://uncmc.unc.edu/files/2017/09/CHIF-FY2017-AnnualReport.pdf , p. 11;  UNC Management Company (UNCMC). 2020. University of North Carolina at Chapel Hill Foundation Investment Fund, Inc. 2019 Annual Report. Chapel Hill, NC: UNCMC (https://uncmc.unc.edu/files/2020/02/FY-2019-CHIF-Annual-Report-FINAL.pdf), p. 9.

  42. Walczak, Jared, and Janelle Cammenga. 2020. “State Rainy Day Funds and the COVID-19 Crisis.” Tax Foundation, April 7 (https://taxfoundation.org/state-rainy-day-funds-covid-19/).

  43.  Smith, “UNC Should Cut from the Top.” See supra note 6.

  44. UNC System. 2020. UNC Salary Information Database. Last updated September 30. Chapel Hill, NC: The UNC System (https://uncdm.northcarolina.edu/salaries/index.php). 

  45. Smith, “UNC Should Cut from the Top.” See supra note 6.

  46. Cause IQ. n.d. “Cause IQ Organization Profile: UNC Management Company.” Cause IQ, last accessed October 25, 2020 (https://www.causeiq.com/organizations/unc-management-company,364516257/).