logo
episode-header-image
Oct 2020
12m 13s

How to reduce the wealth gap between Bla...

TED
About this episode

The racial wealth gap in the United States is shocking: white families have a median wealth nearly 10 times greater than that of Black families. How did we get here, and how can we stop the gap from growing? Wealth equity strategist Kedra Newsom Reeves provides a short history on the origins and perpetuation of racial wealth inequality in the US -- and outlines four ways financial institutions can expand opportunity for Black individuals, families, entrepreneurs and communities.



Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
Does working hard really make you a good person? | Azim Shariff (re-release)
Around the world, people who work hard are often seen as morally good -- even if they produce little to no results. Social psychologist Azim Shariff analyzes the roots of this belief and suggests a shift towards a more meaningful way to think about effort, rather than admiring wo ... Show More
14m 59s
Jul 6
The kind of AI we actually need | Van Jones
Social entrepreneur Van Jones believes a new human civilization is being born in real time — and that our technology is racing ahead of our wisdom. In this urgent and hopeful talk, he reframes the AI debate, showing why the real danger isn't the technology itself but rather the c ... Show More
18m 44s
Jul 5
Why you fear the unknown — and what it can teach you | Maya Shankar, Simone Stolzoff
Cognitive scientist Maya Shankar and author Simone Stolzoff have each spent years studying how people navigate uncertainty (and why it often feels so difficult). In this conversation, they discuss why your discomfort with not having the answers might be holding you back — and how ... Show More
51m 42s
Recommended Episodes
Feb 2021
How you can shrink the wealth gap. Now. | Kedra Newsome Reeves
Did you know that in the US the average white family has ten times as much wealth as a black family? Ten times. But while we wait for government policies to shrink that gap, we all decide where our money goes. So how can we collectively chip away at that gap, now?In this episode, ... Show More
22m 56s
Jan 2022
Encore: How you can shrink the wealth gap. Now. | Kedra Newsom Reeves
Did you know that in the US the average white family has ten times as much wealth as a black family? Ten times. But while we wait for government policies to shrink that gap, we all decide where our money goes. So how can we collectively chip away at that gap, now? In this episode ... Show More
22m 56s
Jul 2020
426. Should America (and FIFA) Pay Reparations?
<p>The racial wealth gap in the U.S. is massive. We explore the causes, consequences, and potential solutions. Also: another story of discrimination and economic disparity, this one perpetrated by an international sporting authority. The first of a two-part series.</p><br/> <p>Ho ... Show More
44m 2s
Nov 2020
“You Can’t Have Capitalism Without Capital"
In a country where policies blocking Black people from obtaining mortgages, land, and capital have created an immense wealth gap between Black and white Americans that persists to this day, inequality is a threat to our democracy, says Mehrsa Baradaran, professor of law and assoc ... Show More
33m 4s
Feb 2023
‘The Color of Wealth’: Overcoming Structural Challenges
Black women face distinct challenges when building wealth. So what can they do about it? To kick off this new series, “The Color of Wealth,” NerdWallet writer Elizabeth Ayoola talks with Washington Post personal finance columnist Michelle Singletary about what Black women and mot ... Show More
37m 44s
Nov 2020
EP 2: Is inequality inevitable?
2020 has brought to light a lot of issues, including growing inequality in the United States. We're seeing huge gaps in income, access to healthcare, and quality of education across the country. Economist Raj Chetty joins the podcast to talk about his groundbreaking research on o ... Show More
45m 40s
Mar 2023
Why racial inequality is often underestimated
The disparity between how much wealth — on average — people of different racial groups hold has been well-documented through research. Yet according to one study, the size of that gap is frequently underappreciated. We talk to Ivy Oyeandor, a professor at Northwestern University ... Show More
7m 13s
Sep 2020
Why It’s Important to Have Diversity Roles in Leadership
John Rogers, the co-CEO, CIO and chairman of Ariel Investments, founded the first African American-owned money management firm in the U.S. Rogers explains why the country’s wealth gap has continued to widen, and offers solutions for driving economic justice, including a diverse t ... Show More
20m 14s
May 2023
Is Racism The TRUE Cause of Inequality?
Heather Mac Donald, author of When Race Trumps Merit: How the Pursuit of Equity Sacrifices Excellence, Destroys Beauty, and Threatens Lives, joins us to discuss how the "race hustle" leads to declining standards within American institutions, how inner-city culture, which disincen ... Show More
17m 38s