基本説明
A new afterword by the author summarizes Conley's recent research on racial differences in wealth mobility and security.
Full Description
"Being Black, Living in the Red" demonstrates that many differences between blacks and whites stem not from race but from economic inequalities that have accumulated over the course of American history. Property ownership - as measured by net worth - reflects this legacy of economic oppression. The racial discrepancy in wealth holdings leads to advantages for whites in the form of better schools, more desirable residences, higher wages, and more opportunities to save, invest, and thereby further their economic advantages. A new afterword by the author summarizes Conley's recent research on racial differences in wealth mobility and security and discusses potential policy solutions to the racial asset gap and America's low savings rate more generally.
Contents
Acknowledgments
1. Wealth Matters
2. Forty Acres and a Mule: Historical and Contemporary Obstacles to Black Property Accumulation
3. From Financial to Social to Human Capital:Assets and Education
4. Up the Down Escalator: Wealth, Work, and Wages
5. It Takes a Village? Premarital Childbearing and Welfare Dependency
6. Getting into the Black: Conclusions and Policy Implications
Afterword: Living in the Red, a Decade Later
Appendix
Notes
Index
