Craig J Richardson
@craigjrich1962
Truist Distinguished Prof of Economics, Winston-Salem State University and Director, Center for Study of Economic Mobility (CSEM). email: [email protected]
ID: 846863496532934660
http://www.wssu.edu/csem 28-03-2017 23:16:06
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“The opposite of a great virtue is also a great virtue.” Especially, says decision strategist Annie Duke, when it comes to grit, the flip side of which is the critical skill of knowing when it’s better to walk away. ow.ly/aacL50LOIHu Russ Roberts
Adam Smith’s far less discussed insights on the power of observation and how it fuels innovation- “the pins themselves would have a lot more to say”..@AdamSmithWorks aier.org/article/adam-s…
For many,🏡is the largest asset + critical to wealth guilding. Yet, Black and Latinx households can't access to the💰needed to buy a 🏡. This report by Future of Land and Housing Program at New America, FLH Chicago and The Chicago Community Trust unpacks the Homeownership Catch-22 + explores innovative financing options.
Fantastic article by John Railey that sharply addresses the slow path of the city on a long-standing issue. And the city’s latest public transportation study is another example. @
Y’all!!! My long-form piece on creative, Market-based solutions to poverty is OUT! Huge shout-outs in the piece to Craig J Richardson Georgia Center for Opportunity, @MarvinOlasky Bob Woodson Bob Lupton Brian Fikkert Dr. John M. Perkins
Our latest study using regression analysis, finds that post Dodd-Frank, there was a drop in property values of 40% (!) in Winston Salem NC’s lowest income and largely minority area. Reason? The DFA led to fewer small mortgages, and a drop in demand. Yuliya Neyman Panfil 🇺🇦 Rachel Ferguson
Craig J Richardson and I wrote in The New York Times about a piece piece of the housing crisis. 1 in 5 US homes costs less than $150k. But its not profitable for banks to write small mortgages. So these🏠get bought for cash by investors & converted to rentals. nytimes.com/2024/10/03/opi…