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Race and economics have been tied together by public policy since America’s founding. Today African American and Latino families face a racial wealth divide that sees them owning just $11,000 and $13,700 in median wealth, respectively, compared to the $142,000 White households own.
In his new book, Toxic Inequality: How America’s Wealth Gap Destroys Mobility, Deepens the Racial Divide and Threatens Our Future, Thomas M. Shapiro, Director of the Institute on Assets and Social Policy at Brandeis University, follows nearly 200 families of different races and income levels over a 12 year period and explores the toll of induced wealth disparity and racial inequality on parents and their children. Shapiro argues that inequality not only limits the economic potential of African Americans, Latinos and other communities of color, but if unaddressed, it also stands to threaten our collective future.
Join CFED and New America on April 19th for a conversation on the racial wealth divide, public policy, and politics that continue to deepen our financial, racial, and social divides.
Reception and registration will open at 5:00 pm; followed by the conversation at 5:30 pm.
Books will be available for purchase by credit card or check.
Thomas M. Shapiro
Author, Toxic Inequality: How America's Wealth Gap Destroys Mobility, Deepens the Racial Divide, & Threatens Our Future
Director of the Institute on Assets and Social Policy (IASP), Pokross Professor of Law and Social Policy at the Heller School, Brandeis University
Vice President for Policy and Technology and Director of the New America National Network, New America
Former Director of the White House Domestic Policy Council under President Obama
Vice President of Policy & Research, CFED
Reporter, Washington Post
Fellow, New America