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Latest Thomas Shapiro Stories

2013-02-27 14:07:43

Same gain in income produces far greater wealth for white households than black families New research shows the dramatic gap in household wealth that now exists along racial lines in the United States cannot solely be attributed to personal ambition and behavioral choices, but rather reflects policies and institutional practices that create different opportunities for whites and African-Americans. So powerful are these government policies and institutional practices that for typical...

2009-11-17 14:08:08

With job recovery nowhere in sight, financial assets decline along with economic mobility Today the Institute on Assets and Social Policy (IASP) at Brandeis University's Heller School released a new research and policy brief which reports that four in ten U.S. families lack sufficient assets to pay for essential expenses in the face of unemployment. IASP created a new approach to measuring asset poverty that includes unemployment benefits and compares families' asset holding to their ability...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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