Welfare, Inequality, and Poverty

The Alarming Facts About Millennials and Debt

Much has been written about millennials—if they are moving back with their parents, whether they are buying cars or homes, how much they are saving for retirement. There may not be consensus on all these issues but one thing is clear: Millennials and debt go hand-in-hand. Our research using data from the National Financial Capability […]

The Hypocrisy of ‘Helping’ the Poor

EVERY so often, you hear grotesquely wealthy American chief executives announce in sanctimonious tones the intention to use their accumulated hundreds of millions, or billions, “to lift people out of poverty.” Sometimes they are referring to Africans, but sometimes they are referring to Americans. And here’s the funny thing about that: In most cases, they […]

The Architecture of Segregation

Fifty years after the creation of the Department of Housing and Urban Development — and nearly that long after the passage of the Fair Housing Act of 1968 — the fight against the interlinked scourges of housing discrimination and racial segregation in America is far from finished. Economic isolation is actually growing worse across the […]

Are You Really Middle Class?

Can we define the middle class in practical terms? To be sure, there are probably as many sociological definitions of the middle class as there are commentators seeking definitions. So let’s set aside the socio-swamp of beliefs, values, and taxonomies of class in favor of a definition with measurable thresholds. Many commentators attempt to define […]