In 1989, only one in five Americans aged 75 or older were in debt; by 2016, almost half were, according to the most recent US Federal Reserve survey of consumer finances. The rise in senior debt comes at a time when the wealth gap between rich and middle-class or poor Americans is at an all-time […]
Companies Use Borrowed Billions to Buy Back Stock, Not to Invest
When the Federal Reserve cuts interest rates, making it cheaper to borrow, it’s supposed to deliver a direct boost to the economy. But one key part of that machinery has broken down. Business investment used to rise when U.S. companies took on more debt—because most companies borrowed to add capacity. Nowadays, they’re likelier to funnel […]
Media and Mental Illness in a Post-Truth Era
It has been argued convincingly that the public’s primary source of information about mental illness is the media: news, entertainment, and the echo chamber of social media. These depictions cue, frame, and otherwise guide our interpretive frameworks in both obvious and subtle ways. Visual media may be especially compelling and impactful in guiding social awareness, […]
Mental Illness and Mass Murder
Based on the increase in the U.S. population, there are now some one million people with serious mental illness living among the general population who, 60 years ago, would have been treated in state mental hospitals. Multiple studies have reported that, at any given time, between 40% and 50% of them are receiving no treatment […]
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