Attendees at the 2019 Sadie T.M. Alexander Conference for Economics & Related Fields (courtesy of The Sadie Collective).
On the 154th anniversary of Juneteenth, the issue of economic reparations for American descendants of slavery took center stage on Capitol Hill. While the Representatives mostly excluded academics from the hearing, Julianne Malveaux, a Black economist, presented the scholarly evidence of the day, using numbers and data to convincingly argue in favor of HR-40, a bill to establish a commission to study reparations. Black economists like Malveaux have the power to affect real policy change on reparations, but also can influence a wider range of pressing issues — from the worsening racial wealth gap, income inequality, and under-representation in banking and on the Federal Reserve Board to challenges with gentrification and generational wealth. Black economists are essential to a successful program of Black economic empowerment.
The historic and deliberate exclusion…
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