Archive for the ‘Inequality’ Category

Book Review: The Color Of Money

Book Review: The Color Of Money

By The Banker | Book Reviews, Inequality, Taxes

I think of myself as pretty informed about financial history in the United States, but Mehrsa Baradaran’s The Color of Money: Black Banks and the Racial Wealth Gap covers a whole area of history about which I knew very little. In a narrow sense Baradaran’s book is about the history of black-owned and black-customer-oriented banks. […]

UBI - That Radical Right-Wing Idea?

UBI – That Radical Right-Wing Idea?

By The Banker | Blog Posts, Inequality, Taxes, Texas

Last week’s post — on a poverty eradication experiment in Africa of giving no-strings-attached cash — was a bit of a Trojan horse for this week: UBI is the idea of granting all adults a small amount of income, for life. UBI is having a moment right now. Finland launched an experiment in 2017 to address joblessness with […]

Cash Rather Than Good Intentions

Cash Rather Than Good Intentions

By The Banker | Blog Posts, Inequality, Texas

Here’s a radical thesis about the best way to eliminate poverty: Give money. Don’t give stuff. Also, don’t give conditional money, either, expecting the recipient to do something you want them to do. I’m intrigued by an international charity called GiveDirectly which puts this radical thesis to the test. I understand this “just money, no […]

Book Review: Dark Age Ahead by Jane Jacobs

Book Review: Dark Age Ahead by Jane Jacobs

By The Banker | Book Reviews, Inequality

I judged this book by the arresting title Dark Age Ahead, and decided that – in my current frame of mind – I had to read it.1 Jane Jacobs wrote this is 2004, and the book has a bit of the feel of a time capsule – as her current events examples stem from 2001 to 2002. Jacobs’ strength […]

The Link Between Health and Wealth

The Link Between Health and Wealth

By The Banker | Blog Posts, Inequality, Texas

My wife (a doctor) likes health, and I like money. In that sense, our marriage represents the intersection of two things everybody wants more of. The biggest predictor of good health and a long life is how wealthy you are. This is often true – with plenty of variation of course – at the individual […]