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The Federal Reserve in its Report on the Economic Well-Being of U.S. Households in 2019 measures well-being by education attainment. What they found is those with a B.A. or more value their education more than those with lower education attainment. Specifically they asked survey respondents who ever attended college "Overall, how would you say the lifetime financial benefits of your…

As America confronts the reality of structural racism, it is clear that we must fundamentally reform policing now. It also is clear that redesigning policing is not enough. We need to put on the table topics that have been off the table for far too long. One of those uncomfortable conversations we need to have is about segregation. All the…

In a terrific Washington Post op ed Neel Kashkari lays out Great Recession lessons that should guide us in dealing with our current pandemic-driven economic collapse. Kashkari is president and chief executive of the Federal Reserve Bank of Minneapolis and oversaw the Troubled Asset Relief Program during the Great Recession for Presidents Bush and Obama. Kashkari's Great Recession lessons summary:…

This post was first published in July 2017. As America confronts the reality of structural racism, it is clear we need to put on the table topics that have been off the table for far too long. One of those uncomfortable conversations we need to have is about segregation. All the ways the upper middle class has put in the…

Paul Tough has a new op ed in the New York Times entitled Go Ahead, California, Get Rid of the SAT. It's time for Michigan colleges to also consider doing away with the SAT as an admission requirement. As Tough notes one of the few good things about the pandemic is that it has led to some colleges temporarily eliminating…