Economic crisis | Center on Business and Poverty

Why financial literacy matters in an economic crisis

A new survey from the National Endowment for Financial Education finds that nearly 9 in 10 (88%) Americans say the COVID-19 crisis is causing stress on their personal finances.
Financial literacy cannot predict or remedy a crisis, but financial education will play a pivotal role in the economic recovery of our country.

Throughout April we

John Hoffmire2020-04-17T11:42:51-05:00Tags: Economic crisis, Financial Education, financial literacy, Major financial decisions, Unemployment benefits|

Could the coronavirus crisis help tackle income inequality?

The global economy is melting down. There is no sugar coating that. Catastrophic disruptions like the one coronavirus containment measures are visiting on industries, business and workers are already producing tremendous pain. It will likely get worse, along with the already devastating human toll.

But profound upheavals like the one we are experiencing now also create unprecedented

John Hoffmire2020-03-24T18:56:37-05:00Tags: Coronavirus, Eco-economic system, Economic crisis, income inequality, Lessons to learn|