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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 Bright Future for Every Child: How Your State Can Narrow The Racial Wealth Gap with Baby Bond

    Baby Bonds are significant monetary investments made by governments on behalf of children to be used for future wealth-building. The concept was originated by Institute founding director Darrick Hamilton and is designed to narrow the racial wealth gap by providing the largest investments to children from the lowest-resourced households who are disproportionately households of color. This brief outlines the main features of Baby Bonds and discusses ways in which they can be implemented at the state level.

    Download the Brief

    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

    An Advance Executive Summary released in June 2021, 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, a report that is forthcoming from the Institute on Race, Power and Political Economy at The New School and the Justice for Greenwood Foundation, Inc. In solemn commemoration of the Tulsa Race Massacre, this brief focuses on the disparities in wealth between white and Black families in the Tulsa, Oklahoma, Metropolitan Statistical Area. 

    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 has 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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