Speculation, Now: Essays and Artwork

Wednesday, December 9, 2015
The Brooklyn Rail

In their essay, economists Darrick Hamilton and William Darity, Jr. argue that the primary source of racial inequality lies in the wealth gap, which stems from “racial differences in inheritances, bequests, and intra-family transfers […] [more than] education, income, and household structure.” They postulate that the United States government should invest in wealth-based “baby bonds,” which would fit into their budget for asset-development policies.

Read more: http://www.brooklynrail.org/2015/12/books/speculative-compilation