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Jun 19, 2020 · One study found that for every 10% decline in the share of jobs located in a central city, Black employment rates in the metro area dropped by 1.6 to 2.3%. This helps explain why almost no ...
America’s separate and unequal neighborhoods did not evolve naturally or result from unfettered market forces. Rather, they resulted from plans, policies, and practices of racial exclusion and disinvestment that primarily targeted Black people and laid the foundation for the segregation of other people of color.
- A History Older Than The Nation
- A Legacy That Benefits Some and Hurts Others
- How Inequality Affects Education
- The American Dream: Out of Reach
- Additional Benefits of Higher Education
- A Marshall Plan For Higher Education
Khalil Muhammad, Ford Foundation Professor of History, Race, and Public Policy at the Harvard Kennedy School, traces the roots of disparity to the Colonial period, when the European settlement and conquest of North America took place. The process began in the second half of the 17th century, said Muhammad, when European settlers stripped Natives of...
Over the past decades, many scholars have examined the Black-white gap in household wealth. But it was in 1995 that sociologists Thomas Shapiro and Melvin Oliver put wealth inequality on the map with their groundbreaking book, “Black Wealth, White Wealth.” Their research analyzed the role of wealth, or accumulated assets, rather than that of income...
Many scholars consider education to be the key to narrowing the gap, and economist Richard Murnaneis one of them. During the last 40 years, Murnane examined the interactions between the U.S. economy and its educational system and the ways in which it has affected the educational opportunities of low-income children, who are disproportionately Black...
Economists Claudia Goldin, Henry Lee Professor of Economics, and Lawrence Katz, Elizabeth Allison Professor of Economics, believe that the solution to reducing income inequality, which is strongly tied to the wealth gap, is to close the educational divide. Goldin and Katz examined wages and income inequality in the U.S. from the end of the 19th cen...
The economic returns of a college degree are important, but the social returns are also valuable, said Anthony Jack, assistant professor of education at the Graduate School of Education. “Workers who are more educated tend to be in jobs that are more recession- and pandemic- proof,” said Jack, who also holds the Shutzer Assistant Professorships at ...
So if greater access to public higher education would help close the wealth gap, what we need is a kind of Marshall Plan to fix the system, says economist David J. Deming, professor of public policy and director of the Malcolm Wiener Center for Social Policy at Harvard Kennedy School. That U.S. government initiative helped rebuild infrastructure an...
Sep 1, 2021 · Residential segregation facilitates the extraction of wealth and other vital resources that fuel economic and social mobility. The loss of wealth in Black communities hastens a downward ...
Segregation based on race and income is a defining feature of cities and schools across the United States. While Black Americans make up less than 14 percent of the overall population, the typical Black child lives in a neighborhood where Black families make up the majority of residents and attends a school where at least half their peers are also Black. 1 These neighborhoods and schools also ...
Sep 26, 2024 · Wealth inequality, long a pressing issue that was exacerbated by Covid-19, remains a significant problem to governments and policymakers around the world. Many nations including the United States, Japan and France have recorded skyrocketing income disparities in the past few years, while South Africa has claimed the unenviable title of the country with the highest wealth inequality.
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Wealth has been a neglected dimension of social science’s concern with the economic and social status of Americans in general and racial minorities in particular. Social scientists have been much more comfortable describing and analyzing occupational, educational, and income distributions than examining the economic bedrock of a capitalist society— “private property.”
