Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

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  • Can Free College Save American Cities?

    Huge numbers of students lack the chance to go to college because of financial problems. Recently, Kalamazoo schools received more funding allowing them to have the chance to help and pay for students to then go to college and receive a higher education.

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  • Dealing with blight complaints requires new approach, Memphis says

    In Memphis, a creative blight-reduction initiative called 25 Square Blocks broke down the city into blocks. Inspectors were able to quickly identify all the violations and fix them, using the same amount of funding, but less time, as the old call-and-respond model.

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  • Preparing for Disaster by Betting Against It

    In the wake of Hurricane Sandy, necessity has bred an interesting kind of financial invention for the New York MTA: the world’s first “catastrophe” bond - a reinsurance for the insurer - designed to protect public transportation infrastructure, specifically against storm surge. These bonds privatize risk for public gain, creating a kind of tool that may protect economic development against all kinds of natural and man-made disasters around the world.

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  • In the Long War on Poverty, Small Victories That Matter

    A panoply of responses to poverty has emerged to address poverty in the United States and abroad. The responses share in three key tactics: Measuring impact, paying for success, and collaboration.

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  • Living-wage' movement growing in region

    In the past five years, as federal and state minimum wage levels failed to keep pace with the cost of living, and as the recession took its toll, the living wage movement has accelerated. Across the United States, more than 125 cities and counties have enacted ordinances or passed ballot initiatives to lift the wages of the working poor.

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  • The Benefits of Cash Without Conditions

    Conditional cash transfers – giving the poor money if they do things that will make their children less poor, such as keep them in school – are the world’s most successful and widespread social program. Could it be possible, however, that the conditions aren’t necessary – just giving the poor money works just as well? In some circumstances, the answer seems to be yes.

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  • Detroit Businesses See Opportunity In Bankruptcy

    In Detroit, many business owners and the city itself hope that filing for bankruptcy will help the city start fresh and ultimately become a thriving urban center, mirroring other cities that recovered from near financial ruin.

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  • Avoiding the Curse of the Oil-Rich Nations

    Alaska has created a way for residents to financially benefit from the state's dependence on oil revenues. By giving residents a yearly portion of the revenue, the state has been able to see positive effects from an often conflict-ridden industry.

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  • Out of Prison, Into a Vicious Circle of Debt

    Many offenders get out of jail owing hundreds or thousands of dollars in court and parole fees but face barriers to financing and job acquisition, sticking them in a punitive, vicious cycle of debt and arrest. A program called the Clapham Set, perhaps paired with conditional cash transfers - may be a solution, as it erases fees for felons who complete rehab and job training upon release.

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  • To Beat Back Poverty, Pay the Poor

    Two columns on the most important new development program today, in use in at least 40 poor countries: give the poor cash payments, contingent on their use of health clinics and their children’s school attendance. These programs, which started in Mexico and Brazil, help the poor now and try to create a generation with less poverty in the future.

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