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What did you learn about money in school? If you’re like most Americans, the answer is “not much.” For my first two decades of life, I thought people kept money in banks because that’s where the locked vaults are. It wasn’t until later that I learned about things like “liquidity” and “asset allocation,” and discovered that a bank is more than a mattress with security features.
Those lessons were hard-won – embarrassingly so, since I’m, you know, an economics editor. I wish I had been taught basic things about money earlier in life. And in that, I’m not alone – especially among American women. Women score worse on tests of financial literacy than men do, according to research from USC Dornsife social scientist Lila Rabinovich, even though the two groups show no differences in math skills or other abilities. Perhaps less surprising, Rabinovich also found that women – particularly older women – are eager to make up for lost time and educate themselves.
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Tracy Walsh
Economy + Business Editor
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Knowledge is power − especially where money is concerned.
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Lila Rabinovich, USC Dornsife College of Letters, Arts and Sciences
Only a small fraction of women have received any financial education at all.
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Environment + Energy
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Jennie C. Stephens, Northeastern University; Martin Sokol, Trinity College Dublin
Fed Chair Jerome Powell bristles at talk of managing climate change, but the damage it is doing the US economy is hard to ignore, as the latest National Climate Assessment shows.
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Education
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Annie Pezalla, Macalester College
The gentle parenting movement has exploded in popularity on social media. But is it good for kids or parents?
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Health + Medicine
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Jamie Hanson, University of Pittsburgh
People with adverse experiences during childhood − whether physical, emotional or sexual abuse − had higher rates of death and hospitalization decades later from COVID-19.
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Economy + Business
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Cassandra M. Johnson, Texas State University; Amanda C. McClain, San Diego State University; Katherine Dickin, Cornell University
Questions about food insecurity can be less straightforward than they appear.
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Science + Technology
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Joe Hollis, Iowa State University
AI is exciting and scary, but it’s also a very useful tool. Here’s how AI is helping farmers shore up their bottom lines, protect the environment and boost food security.
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Andrea Kasinski, Purdue University
When just one of the thousands of microRNAs in people go awry, it can cause diseases ranging from heart disease to cancer.
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Politics + Society
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John E. Finn, Wesleyan University
The question of whether local declarations offering sanctuary for LGBTQIA+ people place local law above federal law depends on what the statements actually promise.
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Fayez Hammad, USC Dornsife College of Letters, Arts and Sciences
A historian of the Middle East examines the decades-old ‘special relationship’ between Israel and the US.
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Ethics + Religion
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Sandra Woien, Arizona State University
Stoicism isn’t just a set of ideas; it’s meant to be put into practice. The ancient philosophy is finding new fans through online communities.
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