December 9, 2019
SourcesLike many systems of social provision—from housing to pensions—American education has become increasingly financialized. In a recent paper, Charlie Eaton, Jacob Habinek, Adam Goldstein, Cyrus Dioun, Daniela García Santibáñez Godoy, and Robert Osley-Thomas consider the scope and consequences of financialization…
March 2, 2019
SourcesHousehold debt has proliferated in the past decade. In the final quarter of 2018, it reached $13.54 trillion—an $869 billion increase since the previous peak in 2008 and a 21.4% increase since the post-crisis trough. While it is now widely…
May 19, 2018
SourcesEACH POINT ON THE CHAIN Arguments for Value-Added Tax in the US, and using VAT to fund basic income VAT The Wall Street Journal lays out the basics popup: yes: “Unlike a traditional sales tax, a VAT is a levy…