"The United States is an outlier in the size and scope of its loan infrastructure; in many peer count..." — Annie Lowrey

In some ways, modern life has made us unkind. That unkindness has profound personal effects. And if we can build a kinder society, that would make life better for everyone.

In functioning high-income countries, the government guarantees the provision of essential goods and services: medical care, transit between cities, supplies for public schools, financial support to weather a period of unemployment.

The cost-of-living crisis extends beyond housing. Health-care costs are exorbitant, too: Americans pay roughly twice as much for insurance and medical services as do citizens of other wealthy countries, but they don't have better outcomes.

So overall in the entire economy, the issue is not that health care costs are growing dramatically. The issue is that the burden placed on families is. So just between 2010 and 2016, the cost burden of family private insurance premiums jumped 28%, whereas incomes rose less than 20%.