How Wal-Mart is Helping the Unbanked

An estimated 10 million American households — about 8 percent of all households — are “unbanked” and one in five households — 24 million households with 51 million adults — are “underbanked.” Continue Reading...

The ‘War on Poverty’ and the Unique, Unrepeatable Poor Person

Last week the U.S. Census Bureau released its report, Income and Poverty in the United States: 2013. The agency announced that “in 2013, the poverty rate declined from the previous year for the first time since 2006, while there was no statistically significant change in either the number of people living in poverty or real median household income.” Continue Reading...

We’re Winning the War on Global Hunger

One of the most underreported stories of the last decade is about good news: we’re winning the struggle against chronic hunger around the globe. A new U.N. report estimates that the number of chronically undernourished people in the world has decreased by more than 100 million over the last decade, and 209 million lower than in 1990–92. Continue Reading...

Let’s Bring Back the Ignominy of Being a ‘Deadbeat Dad’

“Deadbeat Dads”—absent fathers who don’t provide financial support for their children—are one of the most significant factors contributing to child poverty in America. So why do some single women have children outside of marriage when they know they will receive little to no support from the child’s father? Continue Reading...

Notes on the Question of Inequality

This summer’s issue of The City, which includes an article by myself on Orthodoxy and ordered liberty, opens with a symposium of five articles on “The Question of Inequality.” These include two articles on Pope Francis, two on French economist Thomas Piketty’s recent book Capital in the Twenty-First Century, and one on the Bible. Continue Reading...

How Lotteries Can Help the Poor Save Money

People who play the lottery with an income of less than $20,000 annually spent an average of $46 per month on lottery tickets. That comes out to more than $550 per year and it is nearly double the amount spent in any other income bracket. Continue Reading...