Hardy & Logan: Race & þe Lack of Intergenerational Economic Mobility in þe United States—Noted from Equitable Growth
I have talked about this before. But now it is back on the agenda in a much more salient way for a large number of reasons, of which perhaps the largest is the police murder of George Floyd:
Bradley Hardy & Trevon Logan: Race & þe Lack of Intergenerational Economic Mobility in þe United States https://equitablegrowth.org/race-and-the-lack-of-intergenerational-economic-mobility-in-the-united-states/: ‘Geographic and racial differences in economic mobility are particularly important from a policy perspective for three reasons. First, racial differences in mobility can exacerbate racial differences in other areas.... Second, inequalities in opportunity are antithetical to our nation’s creed.... Third, structural differences in mobility limit the potential for overall U.S. economic growth.... The historic links between intergenerational economic mobility and race and income inequality.... The known policy remedies for persistently low intergenerational economic mobility among African Americans.... A mix of policies to promote more equitable housing and educational opportunities alongside moves to boost income security and wealth accumulation… .#equitablegrowth #noted #2020-08-14
