Archives: Asset Building Program Events

Borrow: The American Way of Debt

Thursday, May 17, 2012 - 12:15pm

By most accounts, the Great Recession was trigged by a dramatic rise in consumer debt. But today’s problems are not as new as commonly thought. In his new book, Borrow: The American Way of Debt, economic historian Louis Hyman examines how the rise of consumer borrowing has impacted our culture and economy over the last hundred years. The democratization of credit led to newfound opportunities and improved living standards but also economic catastrophes.

Encore Careers

Thursday, March 29, 2012 - 12:15pm

The Asset Building Program hosted an event Thursday, March 29th to investigate the concept of “encore careers” as a potential way to bridge the retirement income gap.

Why Don’t American Cities Burn?

Friday, February 17, 2012 - 12:15pm

American cities have remained relatively free of collective violence in recent years. Why, given record inequality and historically negative economic events, is this the case? University of Pennsylvania Professor Michael Katz explores these questions and the intersections of race, inequality and poverty in his new book, Why Don't American Cities Burn?

Economic Mobility: What’s the Problem and What to Do About It?

Friday, February 10, 2012 - 12:15pm

Economic mobility and inequality are increasingly framing political debates. In a recent speech in Osawatomie, Kansas, President Obama described how the prospects of upward mobility for a child born into poverty have dimmed substantially, and he identified the path to inclusive prosperity as “the defining issue of our time.”

But has the climb up the economic ladder really become more arduous? Have more families in the middle class fallen downward? What can and should be done to increase economic security and create opportunities for upward mobility?

Beyond Our Means: Why America Spends While the World Saves

Tuesday, December 13, 2011 - 4:00pm

Economists often claim people save according to universally rational calculations — saving the most in their middle years as they plan for retirement and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population.

Poverty, Inequality, Mobility, Oh My!

Tuesday, November 22, 2011 - 3:30pm

On November 22nd, the Asset Building Program hosted a panel of experts to discuss how Americans are faring in the years since the Great Recession according to different measures. Speakers from Wider Opportunities for Women, the Half in Ten Campaign, Center on Budget and Policy Priorities, and Pew’s Economic Mobility Project joined moderator, Rachel Black, for a discussion of current data and indicators, who’s falling short according to these measures and by how much, and policy ideas for  making progress.

Addressing Poverty Through Asset Building

Tuesday, November 15, 2011 - 8:00am

Did you know that a child with a savings account in his or her name is seven times more likely to attend college, regardless of the size of that account? Or that 30% of Californians lack enough savings to get by for 3 months in the event of a job loss? The need for supporting asset building strategies at the local, state, and national level is clear.

‘Retirement Heist’

Monday, November 7, 2011 - 12:30pm

The decline in employer-sponsored pension and retiree health plans is a troubling trend that has eroded the retirement security of millions of Americans. Stock market losses and low interest rates have weakened pension funding, and employers say that this -- combined with retiree longevity, rising costs and the need to compete globally -- is forcing them to freeze pensions and cut retiree benefits.

The Darwin Economy

Thursday, October 27, 2011 - 12:15pm

Who was the greater economist—Adam Smith or Charles Darwin? In his latest book, Robert Frank, New York Times columnist and Professor of Economics at Cornell University, predicts that within the next century Darwin will unseat Smith as the intellectual founder of economics. The reason, Frank argues, is that Darwin's understanding of competition describes economic reality far more accurately than Smith's.

Facing Up to the Retirement Savings Deficit

Thursday, October 13, 2011 - 12:15pm

On October 13, 2011, the Asset Building Program hosted an event focused on the retirement savings deficit and possible ways to address the ongoing problem of retirement security. Speakers included Mark Iwry, from the U.S. Department of the Treasury, Michael Calabrese from the New America Foundation, William Gale from the Retirement Security Project at Brookings Institution, Teresa Ghilarducci from the Schwartz Center for Economic Policy Analysis at The New School, and David Certner from AARP.

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