{"id":138,"date":"2020-05-01T11:00:00","date_gmt":"2020-05-01T11:00:00","guid":{"rendered":"https:\/\/coyotebroad.com\/blawg\/2020\/05\/01\/financial-literacy-classes-are-delusional-blame-poor-people-for-being-poor\/"},"modified":"2020-05-01T11:00:00","modified_gmt":"2020-05-01T11:00:00","slug":"financial-literacy-classes-are-delusional-blame-poor-people-for-being-poor","status":"publish","type":"post","link":"https:\/\/coyotebroad.com\/blawg\/2020\/05\/01\/financial-literacy-classes-are-delusional-blame-poor-people-for-being-poor\/","title":{"rendered":"Financial literacy classes are delusional &#038; blame poor people for being poor"},"content":{"rendered":"<p>An appropriate message for May Day:<\/p>\n<p><i>&#8230;financial literacy standards frame economic well-being primarily as a personal practice, overlooking the various mechanisms that generate inequalities. They ignore the role of Wall Street, the lack of government financial regulation, and a financial system in which crises are par for the course&#8230;<\/i><br \/>\n<i><br \/><\/i><br \/>\n<i>Financial literacy is silent about the need for decent working conditions, unemployment insurance, paid leave, a living wage. It also leaves unmentioned the subject of rising economic inequality marked by income volatility and unaffordable housing. Mounting student loan bills are presented as a problem of financial smarts, not skyrocketing college tuition. Instead, a financial literacy narrative endures which maintains that people are in debt because they spend their money on luxuries like lattes and avocado toast.<\/i><\/p>\n<p><a href=\"https:\/\/publicseminar.org\/essays\/the-financial-literacy-delusion\/\" target=\"_blank\" rel=\"noopener\">The Financial Literacy Delusion: We need honest narratives about the distribution of wealth<\/a>. Amazing blog from Agata Soroko, PhD candidate and part-time professor in the Faculty of Education at the University of Ottawa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An appropriate message for May Day: &#8230;financial literacy standards frame economic well-being primarily as a personal practice, overlooking the various mechanisms that generate inequalities. They ignore the role of Wall Street, the lack of government financial regulation, and a financial system in which crises are par for the course&#8230; Financial literacy is silent about the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-138","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/posts\/138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/comments?post=138"}],"version-history":[{"count":0,"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/posts\/138\/revisions"}],"wp:attachment":[{"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/media?parent=138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/categories?post=138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coyotebroad.com\/blawg\/wp-json\/wp\/v2\/tags?post=138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}