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Meet the Rich Kids Who Want to Give Away All Their Money

townandcountrymag.com
  • Resource Generation, a group of wealthy young people across America, are using their capital to transfer power to financially struggling communities.
  • They want to decrease the earnings gap, and help more people have access to the opportunities that few -- except the wealthy -- can afford.
  • The group is focused on smart redistribution of wealth, and wants to encourage people to openly talk about money and status.
  • It has been around since the 1990s, and in the first half of 2019 members pledged $20 million to social justice and grassroots organizations.

DROPS IN INCOME MAY NOT ONLY HURT THE WALLET, THEY MAY HARM THE BRAIN

aan.com
  • People who experienced 2 or more income drops over a 20-year period, have smaller total brain volume, and perform cognitive tasks longer, with worse results.
  • They also had lower connectivity in the brain than people who haven’t experienced income drops.
  • 3,287 were studied, aged 23 to 35 when the study began, and the results stay the same after adjusting for other factors that affect thinking skills.
  • Income volatility is at a record level since the 1980s, and this study shows that it’s not good for our health.

How cities can leverage citizen data while protecting privacy

news.mit.edu
  • Analysis of data from 380,000 government requests across 112 Indian cities signals direction to take in order to protect citizen data.
  • Researchers ranked different digital governmental modules by how they secured citizen data, and whether all collected data was necessary to complete a task.
  • Citizens send data to these modules and monitor progress of their inquiries in apps, but much of this information is usually visible to the public.
  • They defined model cities that perform best in maximizing privacy and efficiency, and cities around the world could adopt similar methodologies.
  • Now the team wants to develop tools that will help determine which data can and cannot be made public, in order to help governments develop better technologies.

Association of Parental Incarceration With Psychiatric and Functional Outcomes of Young Adults

jamanetwork.com
  • Children whose parents went to prison are at greater risk of poor health, legal, financial and social outcomes when they grow up.
  • The strongest associations were found with anxiety disorder, felony charges, jail time, not completing high school, becoming a parent under 18, and social isolation.
  • It’s common for parents to be imprisoned, and it may sustain disadvantage from generation to generation.
  • These conclusions are based on assessments of 1420 participants through ages 13 to 30, from 1993 to 2015.

Fake News Can Lead to False Memories

psychologicalscience.org
  • Study, conducted around the 2018 abortion referendum in Ireland, shows the dangers of fake news.
  • 3,140 voters were presented several reports, including fake ones, and then asked questions about whether they recognized the stories.
  • Half of the participants reported a memory for at least one made-up event, many recalled rich details about a fake news story.
  • A lot of them also didn’t want to consider that their memories were based on fake stories.
  • This demonstrates the dangerous ease with which stories can be fabricated.

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