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South Africa was one of the first countries in the Global South that established a financialized consumer credit market. This market consolidates rather than al
Ethnographies of Deservingness
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Claims around 'who deserves what and why' moralise inequality in the current global context of unprecedented wealth and its ever more selective distribution. Et
Inequality, Leverage and Crises
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Type: BOOK - Published: 2010-11-01 - Publisher: International Monetary Fund

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The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 bot
Credit Where It's Due
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An estimated 45 million adults in the U.S. lack a credit score at time when credit invisibility can reduce one’s ability to rent a home, find employment, or s
Life in Debt
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Chile is widely known as the first experiment in neoliberalism in Latin America, carried out and made possible through state violence. Since the beginning of th