With generous support from the Trehan Foundation. Join in the conversation with the hashtag #fordschoolgramlich Edward M. (Ned) Gramlich was among the most productive policy economists of his day–a day stretching from the mid-1960s until his death in 2007. In addition to producing academic (often practical) work relevant to dozens of policy issues, he was an accomplished administrator and leader. He was founding dean of the Gerald R.
The financial crisis lay bare how the financial system failed the nation but left hidden the many ways in which that system still fails the most vulnerable Americans. In No Slack, Michael S. Barr explores how low- and moderate-income households cope with financial stress, use financial services to make ends meet, and often come up short. Many households were overleveraged or paid high costs for financial services, while others lacked access to useful financial products that can cushion against economic instability.