Darrick Hamilton, Ohio State University
4240 Public Affairs Bldg
Race, Millennials and Wealth in the Aftermath of the Great Recession
Abstract: As America becomes more plural, it is critical to view race as a pillar and not just an issue in our economy. Despite the narrative that with hard work, resilience, grit, and personal responsibility – people can pull themselves up, and achieve economic success; high achieving black Americans, as measured by education, still exhibit large economic and health disparities relative to their white peers, especially in the domain of wealth. This may be worsening, in the aftermath of the great recession, the homeownership gap for young adult black Millennials is larger than any other generation in over 100 years. This talk will examine these issues, and present a political economy and policy apparatus that can bring about a racially and economically inclusive America.
*Co-sponsored with the Center for the Study of Racism, Social Justice & Health