In our latest podcast, “What Do Hand-Washing and Financial Illiteracy Have in Common?” we talked about America’s financial literacy problem, a topic we’ve written about before. In the podcast, two Council of Economic Advisers chairmen discuss the role of financial illiteracy in the recession. And economist Annamaria Lusardi and legal scholar Lauren Willis offer their solutions to the problem.
Two designers, Tristan Cook and Thomas Nelson of Humans in Design, also have a pitch. Here’s a video of their proposal: mortgage statements for the 21st century. There’s a lot of worthwhile stuff in it.