News

Racial Wealth Inequality at the Metropolitan Area and National Levels (AUDIO)

Connecting Communities-Federal Reserve System, Thursday, July 16, 2015
As the wide racial wealth gap continues to increase over time, millions of families nationwide lack enough assets to offer better opportunities for future generations.   What is the extent and what are the implications of racial wealth inequality? This webinar highlights findings from... Read More »

Indian Girls' School Empowers Society's Weakest Members

USA Today, Sunday, July 12, 2015
From her first breath, a girl in rural India is set up for a lifetime of disappointment. First, her parents resent her for not being a boy. Provided that they don't abort her, she will join a family that will give her less of everything – breast milk, food, vaccinations and education.... Read More »

Do the Roots of the Racial Economic Gap Run So Deep That Real Solutions Are Out of Reach?

The Washington Post, Tuesday, June 23, 2015
The economic problems confronting African Americans are staggering, and many of them are rooted in the nation's shameful racial history. That is one takeaway from a Congressional Black Caucus meeting at the University of Baltimore aimed at exploring the underlying causes of the April rioting... Read More »

Faculty Spotlight: William Darity, Jr. on Stratification Economics and Leadership at Duke and Beyond

Duke Economics Department, Monday, June 22, 2015
Why are some people rich and others poor? Why are some places affluent while others not? These are the questions that first motivated Professor William Darity, Jr. to study economics. Read more: https://sanford.duke.edu/articles/faculty-profile-william-darity-jr-stratification-... Read More »

'Marrying Down' Costs Women $25k A Year

National Journal , Monday, June 22, 2015
It's widely known that low educational attainment, neighborhood racial segregation, and a biased criminal-justice system are detrimental to Black Americans' ability to climb the economic ladder. But Richard Reeves, a policy director at the Center on Children and Families at Brookings, has found... Read More »

As Morehouse and Spelman Graduate, Consider Fate and Funding of HBCUs

Atlanta Journal-Constitution, Sunday, May 17, 2015
As long as the dramatic racial wealth gap persists, enhanced black alumni-giving will not solve the HBCU financial crisis. Rather than empty rhetorical devices that burden low-resourced blacks to give more than they actually have, what is needed is a reversal of financial austerity policies that... Read More »

Want to stop violent crime and racist policing? Fight poverty first

The News and Observer , Monday, May 11, 2015
Issues of race, poverty and education levels come to a crux at the criminal justice system. Histories of racist private and public policies compound, and we are left at a moment of crisis. Durham has taken an important step in reviewing the police department and crime. But until we address poverty... Read More »

America's Broken Ladder

Time, Thursday, May 7, 2015
The dirty secret of America in 2015 is that the wealth gap between whites and everyone else is far worse than most people would guess. A 2014 study by Duke University and the Center for Global Policy Solutions, a Washington-based consultancy, found that the median amount of liquid wealth (assets... Read More »

It's Time To Build Black Wealth

The Bay State Banner, Wednesday, April 22, 2015
America is suffering from a substantial wealth gap. A small number of residents control a disproportionate amount of the nation’s wealth. With the publication of The Color of Wealth in Boston report, the issue of wealth disparity took a shocking twist. This study by the Federal Reserve Bank of... Read More »

America's Financial Divide: The Racial Breakdown of U.S. Wealth in Black and White

Huffington Post, Monday, April 13, 2015
"The major sources of wealth for most of the super rich are inheritances and in life transfers. The big reason is racial differences in access to resources to transfer to the next generation." Darity added that the practices of enslavement, violence, Jim Crow, discrimination and dispossession of... Read More »

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