News
For African Americans hard work and college don’t close wealth gap
Atlanta Daily World, Monday, December 12, 2016Attorney Antonio Moore interviews one of the leading structural economists in the nation, Prof. William A. Darity of Duke University discussing Darity’s recent studies on the racial wealth gap. In the discussion Darity makes clear that Blacks cannot close the racial wealth gap without intense... Read More »
In the Spotlight: William “Sandy” Darity
The Minskys: Destabilizing Stable Economics, Sunday, December 11, 2016William “Sandy” Darity’s work is the proof you need that the American dream is just that, a dream. The promise that anyone who takes initiative and works hard has an equal chance at success is not true. A close look at data on income and wealth reveals an inherently unequal society. Our recent post... Read More »
For African Americans Hard Work and College Don’t Close the Racial Wealth Gap
The Huffington Post, Friday, December 9, 2016Attorney Antonio Moore interviews one of the leading structural economists in the nation, Prof. William A. Darity of Duke University discussing Darity’s recent studies on the racial wealth gap. In the discussion Darity makes clear that Blacks cannot close the racial wealth gap without... Read More »
For African Americans Hard Work & College Don’t Close The Racial Wealth Gap (Video)
EUR/Electronic Urban Report, Thursday, December 8, 2016Antonio Moore interviews one of the leading structural economists in the nation, Prof. William A. Darity of Duke University discussing Darity’s recent studies on the racial wealth gap. In the discussion Darity makes clear that Blacks cannot close the racial wealth gap without intense... Read More »
Race and Economics: Exploring Headwinds and Resilience
Institute for New Economic Thinking, Thursday, December 8, 2016The Institute for New Economic Thinking’s recent conference on the economics of race, entitled Tomorrow’s Detroits and Detroit’s Tomorrows, explored how the discipline has fallen short in acknowledging and explaining the toxic impact of systemic racism on the plight and prospects of the black... Read More »
Baby Bonds: An Investment In Our Future
Medium, Tuesday, December 6, 2016"Now, let’s consider the wealth gap. The wealthiest 20% of American households hold just under 90% of all wealth in the nation, while the bottom 40% of households actually have negative wealth, that is, they actually owe more than the total value of their assets, i.e., such households are in debt.... Read More »
Making Them Pay: Carbon pricing is a win for everybody — except for those who profit off environmental destruction
Jacobin, Monday, December 5, 2016"Climate change is the biggest challenge facing humanity today. We need to think deeply about the consequences — environmental, distributional, and political — of the strategies being proposed for a clean energy transition. A recent Jacobin article discussed a range of strategies and concluded that... Read More »
Shanya Hayes | In Her Own Voice
Insight Center for Community Economic Development, Monday, November 28, 2016Shanya Hayes is going places. While many students her age spend their summer vacations doing anything but school work, this bright young scholar has been staking out her future. And as her ambition leads her toward new understandings, she’s learning more about what her journey might entail as a... Read More »
Keep Hope Alive: Demoralized Democrats have a road map for success in Trump’s America. It was written by Jesse Jackson.
Slate, Sunday, November 27, 2016For economists William Darity and Darrick Hamilton, fixing the particular problems of young black workers is a way of ameliorating similar problems for the whole. And to that end, they have proposed a federal guarantee for jobs. “Each job offered under a federal employment assurance would be at a... Read More »
In D.C., White Families Are on Average 81 Times Richer Than Black Ones
The Atlantic, Saturday, November 26, 2016The wealth discrepancy between blacks and whites is one of the most stark examples of inequality in America. White American families have, on average, around $142,000 in savings and assets, minus debt. Black families’, meanwhile, amounted to only $11,000, according to a 2014 Pew Research study. The... Read More »