Racial Wealth Gap
Pandemic boosts super-rich share of global wealth
The share of household wealth owned by billionaires has risen by a record amount during the pandemic, with millionaires also coming out of COVID-19 ahead, a study found on Tuesday.
The wealthiest 10% of Americans own a record 89% of all U.S. stocks
The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the pandemic, according to the latest data from the Federal Reserve.
Explained | Why Women Are Paid Less | FULL EPISODE | Netflix
In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...
Explained | Racial Wealth Gap | FULL EPISODE | Netflix
In partnership with Vox Media Studios and Vox, this enlightening explainer series will take viewers deep inside a wide range of culturally relevant topics, q...
Trillions of Dollars of Retirement Wealth Have Been Mislaid - Econlib
And once they are accounted for, measured wealth inequality plummets. One reason that the illiquid and non-market resources of DB [defined benefit] pensions and Social Security are typically excluded from studies of wealth concentration is that they are not directly available in household-level survey data. Our work addresses this issue by taking data from the …
How Airbnb failed its own anti-discrimination team—and let racial disparities slip through the cracks
Sources say the company prioritizes anti-discrimination in its talking points, but not in its spending.
Forbes’ 35th Annual World’s Billionaires List: Facts And Figures 2021
Despite the pandemic, it was a record-setting year for the world’s wealthiest- with a $5 trillion surge in wealth and an unprecedented number of new billionaires.
The Richest People in the World in 2021, Visualized
Among the uber-rich, just ten people amassed over $567B in less than a year. Who are the richest people in the world as of 2021?
McDonald's sets diversity targets, seeks gender parity by 2030
By 2025, the company aims to have at least 35% of its senior-director and higher leadership roles be held by people from historically underrepresented groups.
Opinion | Who Spent Their Last Stimulus Checks? - The New York Times
Companies and financial analysts use timely data to make better business decisions. It’s time for Washington to do it, too.
The net worth of the average American family
Americans say it takes an average net worth of $2.27 million to be considered "wealthy." Here's how much money U.S. families actually have at every age.
Who Owns Stocks? Explaining the Rise in Inequality During the Pandemic - The New York Times
Bad economies usually hurt both workers and investors. Only the first part has been true this time.
Detroit 48202 | Resources
Think Like An Economist: Inequality - Understanding the Gap between Rich and Poor on Apple Podcasts
Show Think Like An Economist, Ep Inequality - Understanding the Gap between Rich and Poor - Nov 30, 2020
Chetty College Mobility - The New York Times
Are you in the U.S. middle class? Try our income calculator | Pew Research Center
About half of U.S. adults lived in middle-income households in 2018, according to our new analysis of government data.
Research [in] Brief: Housing Vouchers and Opportunity Neighborhoods
When children grow up in high-poverty neighborhoods, commonly a legacy of residential segregation by race, they are less likely to thrive as adults. One way to improve their future success is by helping their families move to neighborhoods with less poverty and more resources. But voucher programs alone won’t help.
EconEdLink - The Economics of Racial Discrimination | Lesson Demo
This video is a classroom demonstration of Lesson 35: The Economics of Racial Discrimination from CEE's Understanding Economics in U.S. History publication. In this lesson the students examine Jim Crow segregation laws and discuss the costs of racial segregation. They examine an economic mystery about segregation, using the Guide to Economic Reasoning. Finally, they read and discuss an essay about Homer Plessy and Rosa Parks. During the late 1800s and throughout the first half of the twentieth century, racial segregation was enforced throughout the South by legislation and by informal codes...
The black-white economic gap remains as wide as in 1968 - The Washington Post
How Big is the Racial Wealth Gap? – Of Dollars And Data
A deeper look at the racial wealth gap and economic inequality in the United States.
As Detroiters take to the streets, economic inequality comes into focus
Detroit boiled over this week as protesters took to the streets for mostly nonviolent demonstrations against police brutality. But the cries of racism extend long past policing policies in a city where recent health crises and economic recovery then fallout have been uneven. Black Detroiters…
Study: Education, occupation major factors in racial income gap - Grand Rapids Business Journal
A pair of economics professors did a deep dive into the racial wealth gap in the U.S. during the past 40 years, and the findings are not encouraging, especially for Black workers in Michigan.
Study: Wage gap widens between Black, white workers, especially in Michigan | Bridge Michigan
Both races make less than they did 40 years ago when adjusted for inflation. But wages for Black workers have declined more since the 1970s, in part because of a loss of manufacturing and widening
‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles - POLITICO
The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7.
Mapping Inequality
Redlining in New Deal America