This post has been republished from Professor Patricia McCoy’s Substack. Her new book, “Sharing Risk: The Path to Economic Well-Being for All,” is available from The University of California Press.
A few years ago, I was doing research as a law professor at Boston College, and I stumbled across this disturbing fact: more than half of American households do not have enough income every month to pay their basic expenses. We’re not talking about small luxuries like dining out, going to the movies, or streaming services either. Instead, these families do not even have enough money to pay for their bare-bones essentials every month, including food, housing, and clothing. They are constantly juggling bills and robbing Peter to pay Paul. They cannot get ahead.
Continue reading
BC Law: Impact 