I am very pleased to announce the publication of The Assets Perspective: The Rise of Asset Building and it Impact on Social Policy
. It’s a 13-chapter edited volume which I worked on with Trina Shanks
and a host of excellent contributors.
The book presents a multi-dimensional exploration of how the concept of asset building has taken shape over the last two decades. Many of the chapters were originally presented at a 2012 symposium
designed to consider the impact of Michael Sherraden’s seminal book, Assets and the Poor,
originally published in 1991.
Sherraden’s insights, which focused on the factors that impact long-term socio-economic outcomes rather than short-term income or poverty, inspired a new generation of practitioners to apply the assets perspective to efforts creating new pathways up the economic ladder for families with low incomes and few resources. It was time to examine how the emergent “assets perspective” has impacted the way social policy is now conceived, designed, and delivered.
Topics covered in the book include the evolution of public assistance programs, the racial wealth gap, the impact of the Great Recession on the family balance sheet, the challenge of affordable homeownership, the history of financial services, children’s savings initiatives, and the potential of policy reform. Our goal was to produce a book that could serve as a valuable resource for those looking to learn more about the asset-building field and also how this framework is shaping contemporary policy discussions. It is designed to be relevant for those engaged in social policy and anti-poverty work, including practitioners, researchers, and policymakers alike.
Here is the table of contents: