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  • The Institute on Race, Power and Political Economy conducts research to shed light on the structures of inequality and develop knowledge about the pivotal roles of race, power, and social stratification. Building relationships beyond the academy, institute researchers work to identify, implement, and scale transformative ideas to promote economic inclusion, civic empowerment, and social equity. The institute also works to foster the next generation of scholars bringing diverse backgrounds, perspectives, and new thinking to society’s biggest challenges.

    A Brighter Future with Baby Bonds: How States and Cities Should Invest in Our Kids 

    The report, co-released in January 2022, by the Institute on Race, Power and Political Economy at The New School, and Prosperity Now presents frameworks for state and localities to design and implement Baby Bonds. Baby Bonds are substantial investment accounts made and held in trust by governments on behalf of children to be used by those children for future wealth-building. The concept of Baby Bonds is designed to narrow the racial wealth gap and provide pathways for wealth building for all children regardless of economic circumstance at birth.

    The summarized research brief, published in November 2021, outlines the main features of Baby Bonds and discusses how they can be implemented at the state level. 

    Download the Brief

    Download the Full Report

    Guaranteed Income for the 21st Century

    A research briefing on the new white paper released by economists Naomi Zewde, Darrick Hamilton, and colleagues proposing a national guaranteed income. Building on a proposal endorsed by Dr. Martin Luther King, Jr., their guaranteed income proposal is designed to abolish poverty in the United States and lift the incomes of tens of millions of Americans.

    Download the Paper

    The Color of Wealth: The Destruction of Greenwood and Tulsa's Legacy of Loss

    The report, released in December 2021, is from the Institute on Race, Power and Political Economy at The New School and the Justice for Greenwood Foundation, Inc., and was written by Ofronama Biu, Grieve Chelwa, Christopher Famighetti, Lynn Paramore, Kate Richey, Damario Solomon-Simmons, and Darrick Hamilton.  

    The findings in this report are primarily from the National Asset Scorecard for Communities of Color (NASCC) survey and reveal major disparities in wealth accumulation between various racial, ethnic, and tribal groups in the Tulsa Metropolitan Statistical Area. The report includes an appendix letter from Christy Finsel (Osage), executive director of the Oklahoma Native Assets Coalition, Inc. (ONAC).

    The Advance Executive Summary, released in June 2021, is from the Institute on Race, Power and Political Economy at The New School and the Justice for Greenwood Foundation, Inc., and was written by Ofronama Biu, Grieve Chelwa, Christopher Famighetti, Kate Richey, Damario Solomon-Simmons, and Darrick Hamilton. 

    This research brief summarizes findings in The Color of Wealth in Tulsa, Oklahoma, in solemn commemoration of the Tulsa Race Massacre. It focuses on the disparities in wealth between Black and white households in the Tulsa, Oklahoma, Metropolitan Statistical Area.

    Download the Full Report

    Download Executive Summary

    Building an Equitable Recovery: The Role of Race, Labor Markets, and Education 

    A research paper to be released in February 2021 by Darrick Hamilton, Ofronama Biu, Christopher Famighetti, Avi Green, Kyle Strickland, and David Wilcox, sponsored by the Bill and Melinda Gates Foundation.

    Download the Paper

    The Color of Wealth in Chicago

    A project to map, understand, and analyze the racial wealth gap in Chicago, the nation’s third-largest city. The research team included Suparna Bhaskaran, Kilolo Kijakazi, Darrick Hamilton, Ana Patricia Muñoz, Ellen Marks, Ofronoma Biu, Christopher Famighetti, and Fatimah al-Khaldi. Sponsored by the Chicago Community Trust, JP Morgan Chase, the Kresge Foundation, and the Polk Brothers Foundation.

    Towards an Inclusive Economic Rights Agenda

    A project aimed at building a learning community and developing innovative ideas and new analyses to advance an economy that benefits all. Team in formation includes Darrick Hamilton, Grieve Chelwa, and Avi Green. Sponsored by the Kresge Foundation.



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