Racial Wealth Inequality

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Lead by Executive Director Darrick Hamilton, in 2019 Kirwan expanded its research to include a focus on racial wealth inequality, taking into consideration the systemic causes of the disparities in wealth we see between Black and White individuals. Wealth is more than luxury, it opens doors for generational opportunity and, at the bare minimum, increases ones chances for survival, especially when confronted with an emergency. The impact of the novel coronavirus has only highlighted the need for an increased focus on wealth equity, to include policy reform and government intervention. 

As part of this focus area, the Kirwan Institute is committed to collaborating on reports, convenings and projects that center on racial wealth disparities and identifying solutions to bridge the gaps. Darrick Hamilton, a stratification economist, is nationally-known for his development of the "Baby Bonds" solution, a program in which the government would create investment accounts for infants, giving babies born to poor families large seed grants and babies born to rich families small ones.

Featured Reports:

Ten Solutions to Bridge the Racial Wealth Gap

Pathways State of the Union: Millennial Dilemma (HOUSING)

The Great Recession, Education & Homeownership

The Coronavirus Pandemic and the Racial Wealth Gap

A Birthright to Capital

 

In the Media

The Coronavirus Pandemic and the Racial Wealth Gap

Why the Pandemic is Making US Economic Inequality Worse

Don't Blame Econ 101 for the Plight of Essential Workers

The black-white economic divide is as wide as it was in 1968

Coronavirus has widened America's vast racial wealth gap, study finds

5 Big Ideas to narrow the racial wealth gap