An emerging asset class- nonfungible tokens (NFTs)- has taken the crypto world by storm. NFTs are used by blockchain games, crypto artists, and countless others because of their digital scarcity and uniqueness, capturing the attention of investors and consumers alike. This is no longer a tiny niche. As of 2021, the NFT market was valued … Continue reading
Author Archives: Rakeb Asres
The Mobility Puzzle: A Lesson from Immigrants
The United States’ most successful minority is immigrants. They have progressed more, and more rapidly than any other group in this country. They’ve managed to exceed native-born Americans in socio-economic performance across the board, by keeping their families together, saving better, and proving resilient through life’s setbacks. The current culture war obscures these facts entirely: … Continue reading
“Wokeness”, and What it Means for Black Mobility
Wokeness is in. Context, nuance, critical thinking, science- not so much. And that is a problem. Black problems are real and complex and call for honest conversation, data, and comprehensive policy. Sympathy and three-letter hashtags do no good and leave the black masses as immobile as ever. The guise of ‘social justice’ pushes for … Continue reading
Socio-Economic Mobility
Introduction Any attempt to revive the fortunes of The American Dream must address family structure. The current conversations on opportunity, and how to create it, capture preconceived notions surrounding this most cherished end. The belief that religious, racial, and gender inequalities define opportunity in America is a firmly held one. However, new studies suggest that family structure … Continue reading