We’ve always understood that the real antipoverty and growth strategy is to build up people’s assets—their financial capital, knowledge, and ability to discern. But, then, few of our policies get directed that way. Signe-Mary McKernan and Michael Sherraden are two of the nation’s leaders in asset policy and research, and their judgment and wisdom—as well as that of the coauthors they have recruited—are shown in this outstanding volume. It details honestly and in depth both what we know and, as importantly, what we do not know about how assets are accumulated by low- and moderate-income families.
—C. Eugene Steuerle, Vice President, the Peter G. Peterson Foundation
