Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...

This paper attempts to explain two basic facts of segregation in the United States in recent decades. The segregation of blacks remains everywhere higher than the segregation of Latinos and Asians, but the levels are converging. Previous research stresses things like urban form and racial...

In November 2020, The New York Times asked fifteen on its columnists to 'explain what the past four years have cost America.' Not one of the columnists focused on President Trump's racism. This book seeks to redress this imbalance and bring Black Americans' role in our economy to the forefront....