Reason Writers Around Town: Katherine Mangu-Ward in WSJ on Why the Poor Are Big Business
In today's Wall Street Journal, Senior Editor Katherine Mangu-Ward writes about broken kneecaps, pawning grandma's earrings, banking on linoleum, and cavemen with clubs. In a review of Gary Rivlin's new book, Broke U.S.A.: From Pawnshops to Poverty Inc., How the Working Poor Became Big Business, she grapples with the question of whether the vast industry provides the working poor with fast cash and expensive credit is "predatory."
