January/February 2022

Retirement Savings in the Dark

For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.

Leveraging Financial Markets for Social Justice

Doug Orr

Is divestment effective? | Read more »
Financialization and Inequality

Arthur Macewan

Dear Dr. Dollar: Is financialization responsible for the great increase in economic inequality of recent decades in the United States? | Read more »
Cryptocurrency Will Not Liberate Us

Hadas Thier

Deflating the Egalitarian Fantasies of Digital Currencies | Read more »
The Lure of “Democratizing” Finance

John Summa

Wall Street’s latest gimmick hooks a young, desperate, and gullible crowd. | Read more »
The Fed and the Racial Wealth Gap

John Miller

Will a Fed racial equality mandate improve monetary policy? | Read more »