America and Child Poverty, the War in Ukraine, and the Tech Selloff

Monday morning news drop

  • Why America Has Been So Stingy In Fighting Child Poverty For decades, many American economists were pretty much obsessed with trying to document the ways in which welfare programs discouraged work, or broke up families, or encouraged pregnancy, while ignoring all the benefits that society gets from having kids grow up in a more financially secure environment. Aizer, Hoynes, and Lleras-Muney analyze research papers in America’s top academic journals since the 1960s, and they find that prior to 2010, fewer than 27 percent of all articles about welfare programs even bothered to try and document their benefits. (NPR)

  • War in Ukraine: How we got here — and what may come next The road to war was long and complicated. The way out may be, too. (Grid)

  • Putin And Ukraine Vladimir Putin’s invasion of Ukraine is entirely about what a country and its people are permitted to be (Globe and Mail)

  • The impact of throwing Russia out of Swift The messaging network has become the embodiment of the “weaponisation of finance” (Financial Times Alphaville)

  • Scammy Instagram ‘war pages’ are capitalizing on Ukraine conflict Beware: Despite their claims, these accounts are not run by journalists on the ground. (Input)

  • What happens when Americans stay in the same house forever? Americans used to move a lot; now they don’t. It could be causing a social crisis. (Vox)

  • Tech Selloff Hints at Deep Cracks in Glamour Stocks Shares of highly valued, rapidly growing companies with little or no profits are suffering declines typically associated with financial meltdowns and other crises. (Bloomberg)

  • Unfunded Liabilities: How Three Public Pensions Found Themselves in Crisis And how they are clawing their way out. (Chief Investment Officer)

  • The professor who beat roulette: How a renowned researcher beat the odds, stumped casino owners around the world, and walked away with a fortune. (The Hustle)