Racial Wealth Gap: Myths Addressed

“In this report, we address ten commonly held myths about the racial wealth gap in the United States. We contend that a number of ideas frequently touted as “solutions” will not make headway in reducing black-white wealth disparities. These conventional ideas include greater educational attainment, harder work, better financial decisions, and other changes in habits and practices on the part of blacks. While these steps are not
necessarily undesirable, they are wholly inadequate to bridge the racial chasm in wealth.”


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