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

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  • The Downsides of Property Tax Caps

    Property tax caps have been found to exacerbate economic inequality. They restrict funding for basic services and push municipalities to increase sales taxes and fees instead.

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  • The Private Cities of Honduras

    To attract foreign investment, Honduras is creating privatized cities with Western-style laws and foreign judges. The development initiative is bringing in money and creating jobs, but the enclaves are tailored to please private companies and may undermine Honduran sovereignty and social cohesion.

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  • San Francisco Restaurants Can't Afford Waiters. So They're Putting Diners to Work.

    Diners at Souvla, a Greek restaurant in San Francisco, fill their own water glasses and find their own tables. The self-service model is gaining popularity as the city’s restaurateurs feel the pressure of rising rent and labor costs.

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  • What happens when ordinary people learn economics?

    A free economics course is empowering everyday citizens to learn more about economics from an academic perspective, then helping them apply the concepts to their understanding of their own financial situations. In five classes over a two month period, people who might be traditionally left out of the system get a chance to learn alongside others. The result is an enthusiastic group who wants to do more to help society better understand finances, too.

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  • Citizenship for sale: the countries whose biggest export is passports

    An increasingly popular way to attract foreign direct investment is to let the world’s wealthiest trade cash and property investments for citizenship. The $2 billion-a-year industry allows the ultra-rich to buy passports that permit visa-free travel to nearly the entire world, often with no residency requirements. Highly controversial, the industry is marked by a lack of transparency and concerns about what happens to civic ties when citizenship can be bought and sold.

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  • The rebel bank, printing its own notes and buying back people's debts

    How is Street Central Bank buying back the debt of ordinary people? Part art installation and part charitable endeavor, the “bank” prints its own money, sells it for real tender and then uses the funds to help neighbors. The project draws inspiration from similar debt buyback efforts in the United States.

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  • These four cities have achieved inclusive growth—here's how

    Only four U.S. cities - Albany, Austin, Charleston, and Denver - have achieved inclusive growth between 2010 and 2015. It’s part dumb luck, and part strategic policymaking, say city officials. They recommend nurturing the unique identity and assets of your city while being agile and transparent when facing problems.

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  • How One College System Pushes Many Graduates into the Middle Class and Beyond

    Over the course of 50 years, a CUNY program called Search for Education, Exploration, and Knowledge (SEEK) has provided academic, financial, and counseling support to over 450,000 New York children. Economists are now following up on initial research that found the program helped propel originally low-income and low-performing students into a higher income level in the years following graduation.

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  • No Price Tags: These Neighbors Built Their Own Economy Without Money

    Time-banking is a way of trading goods and skills using labor hours rather than cash. The system connects neighbors to fulfill each other’s needs, everything from bike repairs to cooking and cleaning. More than 2,000 hours have been exchanged through St. Louis’ Cowry Collective, one of the nearly 500 time banks in the United States.

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  • Raton tries to rise again

    Raton's economy took a devastating blow when its coal mine shut down and hundreds of people lost their job. In recent years the town has made great strides in rebuilding by taking inventory of what the town needs, encouraging local businesses, seeking tourists and businesses, and trying to build a stronger work ethic in the residents and decrease the prevalence of drugs.

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