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Baby Bonds
Baby bonds are a government policy in which every child receives at birth a publicly funded trust account, potentially with more generous funding for lower-income families. Economists William Darity and Darrick Hamilton proposed the policy in 2010 as a mechanism to reduce the racial wealth gap in the United States. A 2019 analysis of the proposal by Naomi Zewde projects that baby bonds would reduce the median racial wealth gap between white and black young Americans from a factor of 16 to a factor of 1.4. One example is the now-defunct child trust fund in the United Kingdom. In American English, the term "baby bond" can alternatively refer to a bond with a par value of $1,000 or less. In the United Kingdom In Hungary In Hungary, babies born after December 31, 2005 receive a tax-free savings bond with a value of approximately 40,000 forints ($185 in 2005), which is kept in a special bank account until the child turns 18. Children in need receive an additional payment a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William A
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Inequality
There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of wealth people own). Besides economic inequality between countries or states, there are important types of economic inequality between different groups of people. Important types of economic measurements focus on wealth, income, and consumption. There are many methods for measuring economic inequality, the Gini coefficient being a widely used one. Another type of measure is the Inequality-adjusted Human Development Index, which is a statistic composite index that takes inequality into account. Important concepts of equality include equity, equality of outcome, and equality of opportunity. Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations. Income inequality between nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset-based Egalitarianism
Asset-based egalitarianism is a form of egalitarianism which theorises that equality is possible by a redistribution of resources, usually in the form of a capital grant provided at the age of majority. Names for the implementation of this theory in policy include universal basic capital and stakeholding, and are generally synonymous within the equal opportunity egalitarian framework.Cunliffe, J & Erreygers, G (2004) The Origins of Universal Grants: An Anthology of Historical Writings on Basic Capital and Basic Income Historical development The idea has been around since Thomas Paine (January 29, 1737 – June 8, 1809) in his work '' Agrarian Justice'' 1795, and complemented his other thesis of basic income. Two independent schools of thought were developed on the subject, involving individuals from the American labor movement and scholars of the Belgian School. However, the same reasoning (given by both schools) behind the basic capital proposal is the redistribution of wealt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Radio Exchange
The Public Radio Exchange (PRX) is a non-profit web-based platform for digital distribution, review, and licensing of radio programs. The organization is the largest on-demand catalogue of public radio programs available for broadcast and internet use. History The PRX site and its services launched in September 2003 after a two-year planning, research, and development phase supported by the Corporation for Public Broadcasting, the National Endowment for the Arts, and the Ford Foundation. PRX received additional support from the NTIA Technology Opportunities Program, the MacArthur Foundation, the Open Society Institute, the Surdna Foundation, and Google Grants. PRX offices are located in Cambridge, Massachusetts. On February 28, 2007, PRX and the Corporation for Public Broadcasting announced the Public Radio Talent Quest. It was an open search for new public radio talent, and gave producers the chance to produce a pilot show for public radio. Finalists were to be chosen after a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Takeaway
''The Takeaway'' is a morning radio news program co-created and co-produced by Public Radio International and WNYC. Its editorial partner is WGBH-FM; at launch the BBC World Service and ''The New York Times'' were also editorial partners. In addition to co-producing the program, PRX also distributes the program nationwide to its affiliated stations. The program debuted on WNYC in New York, WGBH in Boston, and WEAA in Baltimore. To date, the program has approximately 280 carrying stations across the country, including markets in New York, Los Angeles, Chicago, San Francisco, Miami, Portland, Boston, and more. The host is Melissa Harris-Perry. Mission The program's stated intent is to deliver "national and international news and cultural stories through a conversational and unprecedented personality-driven format." The program launched on April 28, 2008, initially airing in two separate live feeds—from 6am to 7am on WNYC 93.9FM and from 8 to 9am on AM820. On January 25 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panel Study Of Income Dynamics
The Panel Study of Income Dynamics (PSID) is a longitudinal panel survey of American families, conducted by the Survey Research Center at the University of Michigan. The PSID measures economic, social, and health factors over the life course of families over multiple generations. Data have been collected from the same families and their descendants since 1968. It has been claimed that it is the world’s longest running household panel survey. Background The PSID gathers data about the circumstances of the family as a whole and about each individual in the family. The greatest level of detail is gathered for the primary adult(s) heading the family. The PSID has achieved high and consistent response rates, and because of low attrition and the success in following young adults as they form their own families, the sample size has grown from 4,800 families in 1968, to 7,000 families in 2001, to 7,400 by 2005, and to more than 9,000 as of 2013. By 2003, the PSID had collected informati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-racial America
Post-racial United States is a theoretical environment in which the United States is free from racial preference, discrimination, and prejudice. Origins of the term One of the earliest uses of the term "post-racial" to describe the United States was in an October 5, 1971, article in ''The New York Times'' titled "Compact Set Up for 'Post-Racial' South". The article reported the establishment of a "Southern Growth Policies Board" in Durham, North Carolina, "by some 70 politicians and professors who believe their region of 60 million citizens has entered an era in which race relations are soon to be replaced as a major concern by population increase, industrial development, and economic fluctuations". 2008 presidential election Some Americans saw the presidential candidacy of Barack Obama, and his election in 2008 as the first black president of the United States, as a sign that the nation had, in fact, become post-racial. The conservative radio host Lou Dobbs, for example, sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phil Murphy
Philip Dunton Murphy (born August 16, 1957) is an American financier, diplomat, and politician serving as the 56th governor of New Jersey since January 2018. A member of the Democratic Party, he served as the United States ambassador to Germany from 2009 to 2013 under President Barack Obama. Murphy had a 23-year career at Goldman Sachs, where he held several high-level positions and accumulated considerable wealth before retiring in 2006. He is involved in many civic organizations and philanthropic pursuits. He served as finance chairman for the Democratic National Committee in the mid-late 2000s under Howard Dean. In the Obama administration, Murphy served as the United States ambassador to Germany from 2009 to 2013, during which time he dealt with the international fallout from the United States diplomatic cables leak. While planning to run for governor, Murphy and his wife Tammy Murphy launched New Start New Jersey, a progressive organization active from November 2014 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Poverty Line
In the United States, poverty has both social and political implications. In 2020, there were 37.2 million people in poverty. Some of the many causes include income inequality, inflation, unemployment, debt traps and poor education.Western, B. & Pettit, B., (2010)Incarceration and social inequality.Daedalus, 139(3), 8-19 The vast majority of people living in poverty are less educated and end up in a state of unemployment;Census.gov, (September, 2017) Income and Poverty in the United States: 2016. Retrieved from https://www.census.gov/content/dam/Census/library/publications/2017/demo/P60-259.pdf higher incarceration rates have also been observed. Although the US is a relatively wealthy country by international standards, poverty has consistently been present throughout the United States, along with efforts to alleviate it, from New Deal-era legislation during the Great Depression, to the national war on poverty in the 1960s and poverty alleviation efforts during the 2008 Grea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morningstar, Inc
Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services. With operations in 29 countries, Morningstar's research and recommendations are considered by financial journalists as influential in the asset management industry, and a positive or negative recommendation from Morningstar analysts can drive money into or away from any given fund. Through its asset management division, the firm currently manages over . The firm also provides software and data platforms for investment professionals, including "Morningstar Research Portal", "Morningstar Direct" and "Morningstar Advisor Workstation". History Founder Joe Mansueto initially had the idea for Morningstar in 1982 while reviewing mutual fund annual reports he had requested from several prominent fund managers. However, it was only after a year working as a stock analyst for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
115th United States Congress
The 115th United States Congress was a meeting of the legislative branch of the United States of America federal government, composed of the Senate and the House of Representatives. It met in Washington, D.C., from January 3, 2017, to January 3, 2019, during the final weeks of Barack Obama's presidency and the first two years of Donald Trump's presidency. The seats in the House were apportioned based on the 2010 United States Census., §3(b), and The Republican Party retained their majorities in both the House and the Senate, and with Donald Trump being sworn in as President on January 20, 2017, this gave the Republicans an overall federal government trifecta for the first time since the 109th Congress in 2005. Several political scientists described the legislative accomplishments of this Congress as modest, considering that both Congress and the presidency were under unified Republican Party control. According to a contemporary study, "House and Senate GOP majorities st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
