Adult financial illiteracy is a major problem in the US and elsewhere. Financial fraud and poor performance in managing personal finances go hand in hand. The nation’s bankruptcy and home mortgage foreclosure rates rate have continued to climb despite improving employment opportunities, rapid...

The industrial Midwest went through wrenching economic restructuring during the 1970s and 1980s and yet rebounded to outperform the U.S. economy during much of the 1990s. Key to this resurgence was restructuring in core industries (including manufacturing) that increased the productivity and...