Poverty can persist in the same communities for generations, especially communities of color. Professor Darrick Hamilton walks through the policies that prevent people from moving up in the economy and proposes solutions from jobs to schooling to banking.
For More on this Topic:
Check out his research on ‘Baby Bonds’ discussed in the Institute for New Economic Thinking. Read his two-page brief, co-authored with William Darity Jr. and Mark Paul. Find the book he referenced, When Affirmative Action Was White by Ira Katznelson.Further Reading:
Why America's Women of Color Have Lost Ground Since the Great Recession, Marion Johnson, NC Justice Centre, SSN Basic Facts, October 2015 Financial Deregulation, U.S. Party Politics, and Rising Income Inequality, Nathan J. Kelly, University of Tennessee, Giovanny D. Pleites-Hernandez, Eric Keller, University of Tennessee, February 2016