News

White College Graduates Are Doing Great With Their Parents' Money

The Atlantic, Friday, July 20, 2018
The numbers are staggering: White Americans with a college degree are on average three times as wealthy as black Americans with the same credential, and in families whose head of the household is employed, white families have 10 times the wealth of black ones. One estimate on... Read More »

Why we should stop celebrating Kylie Jenner

Chicago Sun Times, Thursday, July 19, 2018
“Self-made” further implies Jenner received no help and is successful by pluck and vision alone. We keep spinning these American tales of uplift that celebrate the very privileged — and either ignore or look askance at working or poor people. I don’t know how hard Jenner works, whether she’s up at... Read More »

Black Americans’ Median Wealth Could Disappear in One Generation

Truthout, Thursday, July 12, 2018
The most common explanation for what drives the racial wealth gap is lack of Black homeownership. A recent study from Duke University’s Samuel DuBois Cook Center on Social Equity dispels several myths about the racial wealth gap — including that homeownership is the driving... Read More »

Guaranteed jobs for all? Be skeptical

The Post and Courier, Tuesday, July 10, 2018
Two ideas have emerged among the energized socialist wing of the Democratic Party in response to inequality, wage stagnation, poverty and unemployment. One is a federal guarantee of a job, while the other is a pledge for each person to receive a minimum cash payment from the government, an idea... Read More »

Rethinking America’s College Savings Programs

Stanford Social Innovation Review, Tuesday, July 10, 2018
The future of college savings Instead of relying on individual programs or behavioral nudges, we propose using behavioral insights to build better college savings mechanisms from the ground up. Rather than implementing small tweaks to existing frameworks, we can apply effective savings... Read More »

TONETALKS SHOW: NO CNN, BLACK MEN ARE NOT SUCCESSFUL ECONOMICALLY IN AMERICA (WATCH)

Electronic Urban Report , Saturday, July 7, 2018
*At first glance, the recently published article by CNN entitled “Black Men Are Succeeding In America”, sounds like a positive statement about the racial progress of America. Who does not want to hear that black males are progressing in a country that has so clearly made their advancement... Read More »

What Is A Federal Jobs Guarantee?

Huffington Post, Friday, July 6, 2018
How much would it cost?  It depends on which version you look at ― and costs would obviously fluctuate based on participation ― but whichever way you cut it, the figures are high. The Levy plan would come in at around $378 billion a year in the first five years, rising to $415... Read More »

Educators attend state institute on gifted education

The Stanly News & Press, Friday, July 6, 2018
Angie Schaffe, Amy Cord, Pam Hyatt, Kathy Haynes represented Stanly County at 2018 NCAGT Institute on “Pulling Together: Reaching All Gifted Learners.” Throughout the institute, participants had a chance to spend time exploring the social and emotional needs, effective identification practices... Read More »

BLACK-WHITE INCOME AND WEALTH GAPS

BBN Times, Tuesday, July 3, 2018
Black-white gaps in income and in wealth have been fearsomely persistent over time. Here, I'll mention some main themes from two studies, one focused on income differentials and one on wealth differentials. On the topic of income differentials, Raj Chetty, Nathaniel Hendren, Maggie R. Jones... Read More »

Radical Democrats Are Pretty Reasonable

New York Times, Tuesday, July 3, 2018
Now, there’s a huge amount of evidence to the effect that minimum wage hikes don’t significantly reduce employment. To be fair, however, $15 is outside the range of historical experience, and you can make a plausible case that in low-productivity regions like much of the south there would be some... Read More »

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