When a Job Is Not Enough

Center for American Progress, Wednesday, December 5, 2018
Introduction and summary Wealth—a family’s financial net worth—measures how well people are prepared for the future. It allows them to purchase a home, start a business, enjoy a secure retirement, and put their children through school. Wealth also provides security in the face of emergencies,... Read More »

Booker’s ambitious proposal to close the racial wealth gap

Think Progress, Wednesday, November 28, 2018
As he ponders mounting a campaign for the White House in 2020, Sen. Cory Booker (D-NJ) is preparing to introduce radical and ambitious legislation aimed at narrowing the persistent black-white wealth gap. His idea — commonly described with the catchy monicker, “baby bonds” — is a proposal... Read More »

My ancestor owned 41 slaves. What do I owe their descendants?

America Magazine, Wednesday, November 28, 2018
A few years ago, Cheryl Benedict, an education administrator and historian from Virginia and my first cousin, discovered on that our great-great-great-grandfather, a Texas farmer named Augustus Foscue, had owned 41 slaves. I was saddened, not surprised. Although I grew up... Read More »

Senator Corey Booker Wants to Close the Wealth Gap By Giving Every Newborn a Trust Account. Could It Work?

Fatherly, Monday, November 26, 2018
Senator Cory Booker has a plan to decrease the wealth gap, and it’s a rather radical one. It’s called the “American Opportunity Accounts (AOA) Bill,” and what it proposes essentially operates as publicly-funded 401K accounts, opened for every single newborn in the United States. When a child... Read More »

On Thanksgiving, families share more than just food and memories

Washington Examiner, Thursday, November 22, 2018
This Thanksgiving, families across the country will gather around dining room tables to share home-cooked food, reminisce, talk politics (unfortunately), and give thanks. One thing a family shares, however, will likely linger unsaid. It’s something that binds each and every member of a family... Read More »

Trying Again for Full Employment

Dollars & Sense: Real World Economics, Monday, November 19, 2018
Leading progressives in Congress have recently revived the idea of full-employment legislation. This would be the third attempt by Congress to assure a job for everyone who wants one and to put an end to the scourge of unemployment. In the 1940s and again in the 1970s, Congress seriously debated... Read More »

Sandy Darity has a plan to close the wealth gap

The Ezra Klein Show, Monday, November 5, 2018
Here’s something to consider: For families in which the lead earner has a college degree, the average white family has $180,500 in wealth. The average black family? $23,400. That’s a difference of almost $160,000 — $160,000 that could be used to send a kid to college, get through an illness, start... Read More »

Four policies to help the middle class, and how to pay for them

Brookings, Monday, November 5, 2018
Behind the daily headlines of our turbulent political climate is a stark, hard fact: the American middle class is hurting. Household incomes for the middle 60 percent of the distribution are rising, but painfully slowly, and primarily due to more work (including longer hours) rather... Read More »

The Night John Hope Bryant Came to Town: Chautauqua, Bed-Stuy, and the Empty Charlatanism of Preaching Hope to Black Poverty

Paul Sowers, Saturday, November 3, 2018
A few months ago, John Hope Bryant—whose website describes him as a ‘thought-leader on economic empowerment and financial dignity’—stood onstage at an event in Memphis, Tennessee and told the audience that “there are more poor whites in America than anybody else, then and now, so this is not a... Read More »


Duke Today, Friday, November 2, 2018
Duke University will host its first multidisciplinary conference on international development on Nov. 15 and 16 in Perkins Library and Penn Pavilion. The conference, “The New Building Blocks of Development,” will feature Duke faculty from across the university as well as colleagues from other... Read More »