America's low savings rate

Forstater, Mathew ForstaterM at umkc.edu
Mon Aug 20 22:40:41 PDT 2001


Work on reparations has shown that relatively small amounts of moolah (like a couple thousand bucks) can have big effects on people's lives, in terms of things like owning a home, starting a small business, or furthering education or training. See, e.g., Darity's piece in last year's THE STATE OF BLACK AMERICA.


>So we are talking about very small amounts of savings, and these very
small
>amounts having a huge beneficial effect in people's lives.



More information about the lbo-talk mailing list