A global network of scholars advocates, and financial organizations working to understand and empower the linkages between lending and human values.
Loans enable people to realize their visions of a good life, yet many families across the globe are falling into life-altering debt. Worried that they will forever be enslaved by it, some parents have trouble sleeping and their health and relationships diminish. Debt affects their ability to help loved ones live with dignity, whether they be children or aging parents with inadequate resources. Further, debt can reduce self-esteem, motivation, and capacity to participate effectively in civic life and financial institutions. Financial propositions that lack a vision of dignity treat people like robotic quantities, occluding the very moral values that give financial sacrifices meaning.
IN THE NEWS
Deborah James on the Use of Welfare Payments as Debt Collateral
An Open Letter on Student Debt
Educators push for changes centered on student-borrowers in Inside Higher Ed.
Fred Wherry on Fair Bartering When Resouces Are Lacking
Fred Wherry talks to the New York Times about human relationships in bartering during pandemic-era lockdowns.