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  • About the Author: Jonathan Morduch

    Jonathan Morduch is Professor of Public Policy and Economics, NYU Wagner Graduate School of Public Service. He is co-author with Rachel Schneider of The Financial Diaries: How American Famil…

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22 Dec. 2017 | Comments (0)
Too Many Americans Suffer from Financial Instability. Their Employers Can Help Fix It
If it was ever true that “a rising tide lifts all boats” in an economic sense, it is clearly not true in modern America. Since 1980 half of Americans have been stuck in place—their wages in real terms haven’t budged—while the top 20% have seen large gains.