The president is making it clear how he wants to spend this year and the next two — working on issues like inequality, mobility, wages and jobs. But Congress hasn’t been in a partnering mood the last five years, and there’s not much he can do by himself. The administration has been able to make […]

Poverty-related stress causes an IQ loss greater than pulling an all-nighter, according to a book called Scarcity. Economist Sendhil Mullainathan of Harvard and psychologist Eldar Shafir of Princeton, the co-authors, say that goes a long way toward explaining why poor people have trouble making good decisions and plans for the future. They also say that’s […]