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Sens. Elizabeth Warren and Kamala Harris are among the 2020 presidential hopefuls in favor of reparations. AP Photo/David J. Phillip

Reparations are essential to eliminating the substantial wealth gap between black and white Americans

Several presidential hopefuls have offered proposals to close the racial wealth gap, from baby bonds to reparations. A simulation suggests policies short of direct aid to blacks won't do the trick.
John C. Bogle, founder of Vanguard Group, died in January. Reuters/Tim Shaffer

What’s an index fund?

The index fund revolutionized investing for millions. Its founder died on Jan. 16.
The authors of the book The Making of Finance highlight the intellectual capture of the financial worlds. Bart Sadowski/Shutterstock

Mobilising the social sciences to rethink finance

Nothing has changed since the 2008 financial crisis. Orthodox theory continues to structure the entire financial industry, yet there is an urgent need to study the social and political nature of markets.

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