The director of the Brown School’s Center for Social Development, Sherraden is a leader in asset building and community development research. He has received widespread recognition for his impact on public policy and is the creator of the Individual Development Accounts (IDAs), a matched savings program designed to help working poor people save money and accumulate assets. IDAs have been adopted in federal legislation and in more than 40 states, many under the term Baby Bonds. Sherraden’s work on assets has also influenced policy development in the United Kingdom, Taiwan, Canada and other countries around the world. He is also engaged in research and policy on civic engagement and productive aging.
Now is the time for a prudent national investment to deliver full financial inclusion for all Americans. The reforms proposed here would leverage technology to provide basic financial services for everyone. The U.S. economy will recover more fully and grow stronger over time as a result.
As the U.S. once again prepares for national elections, we hope that voters in the St. Louis region will join with elections administrators in strengthening our democratic processes. On election day, it is critical that we all work to note and report voting process barriers.
The location and the physical aspects of the electoral process itself — the buildings, equipment, and election workers — can make it more difficult to vote in some communities, finds a new study from the Brown School at Washington University in St. Louis.
The Brown School’s Center for Social Development is conducting a third wave of research on Child Development Accounts (CDAs) in Oklahoma. Wave 3 of the SEED for Oklahoma Kids experiment expands the original CDA with an automatic progressive deposit and extends the research to examine the accounts’ impacts.
As economists float the proposal to give every U.S. newborn a “baby bond” account, Michael Sherraden, professor at the Brown School, says a solution already exists — Child Development Accounts, a policy concept first proposed in his groundbreaking 1991 book, “Assets and the Poor.”