Racism and the Economy: Focus on the Wealth Divide – Oct 20
Posted by Federal Reserve Bank of Philadelphia on October 12, 2021
We invite you to join us on Wednesday, October 20, 2021, from 12:00 p.m. to 2:30 p.m. for Racism and the Economy: Focus on the Wealth Divide. This is the ninth installment in our virtual event series, which examines the impact of structural racism on our economy and advances ideas to improve economic outcomes for all Americans.
This session focuses on how racialized barriers to wealth accumulation deny families and communities long-term economic mobility and financial resiliency. Wealth is usually defined as the value of one’s assets minus debt, and it serves as a critical component of economic opportunity in the United States. Opening speakers will examine past and present structures and institutions that contribute to persistent wealth disparities. A panel of practitioners, scholars, and community leaders will propose and discuss bold strategies to finally reverse these trends. The Federal Reserve has long studied wealth disparities because equal access to wealth is so important to achieving full employment and an inclusive economy.
About Racism and the Economy
Hosted by all 12 District Banks of the Federal Reserve System, Racism and the Economy is a virtual series that brings together community, business, and academic leaders to examine the economic impact of racism and advance bold ideas and concrete actions to achieve an economy that makes opportunity available to everyone.
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