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Articles on household debt

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Debt renegotiation between debtors (mostly older, minority women) and debt collectors (in green and from behind). December 2019, debt renegotiation fair in Vitoria (Espirito Santo) Brazil. T. Narring

How debt has morphed into a new form of work for women

In different parts of the world, managing debt on a day-to-day basis is a real job, and one that is mainly taken on by women.
Slow wage growth is leading to over-indebtedness among those that can afford hosues. shutterstock

Increasing wages would make the Australian economy safer

Low wage growth isn’t just bad for households - it’s also bad for the overall economy. Research shows that increasing wages would take some of the risk out of the housing sector.
Financial illiteracy contributed to the last financial crisis. Shutterstock

Financial literacy is a public policy problem

It’s not just individuals who pay for low financial literacy. It also increases financial risks and holds back the economy.
Seeking constant distractions and identifying with brands and status symbols, we struggle to escape the superficial self. Shutterstock/Sean De Burca

The lies of happiness: living with affluenza but without fulfilment

In the first of our series, On Happiness, the question is whether unsustainable consumption and debt can ever bring us happiness. The global financial question was a chance to take stock, yet did we learn anything?

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