Still Running Up the Down Escalator: How Narratives Shape Our Understanding of Racial Wealth Inequality

Natasha Hicks, Fenaba R. Addo, Anne E. Price and William A. Darity, Jr

This paper provides up-to-date estimates of the magnitude of racial wealth inequities, explicitly focusing on Black and White populations, and highlights how personal responsibility, bootstraps, and anti-black narratives have distorted society’s understanding of racial wealth disparities and solutions to advancing racial equity.