Articles and papers we've been reading from around the web:
- Underbanked market data from Center for Financial Services Innovation & Core Innovation Capital
- TheAtlantic: $112,000-The true cost of losing your job in the Great Recession
- TheAtlantic: 1 in 15 Americans can be classified at the poorest poor
- NYT: Unbanked America with interactive map using data from new Pew Report
- David Roodman: How Donors and Investors See Microfinance Now
- Jonathan Morduch on Tom Heinemann and The Micro Debt film
- Jonathan Morduch: How much does Consumption Smoothing Contribute to the Welfare of Families?
- Weathering the Storm: Dan Rozas on MFI case studies and making good business decisions in tough times
- The Millennium Villages evaluation debate heats up, boils over and News Millennium Villages Project & Misconceptions about Impact Evaluation (comments well worth reading)
- Don’t Blink! The Hazards of Confidence by the Nobel laureate Daniel Kahneman

Editors’ Note: Hi, Laura and Jonathan here. A few of the pieces this week come from people who spent years up close with how poor households actually handle money, and keep coming back with something more tangled than the story usually told, and more persistent. Tim will be back for the next edition. - Laura Freschi and Jonathan Morduch