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Concept

Reducing the Racial Wealth Gap

  • Darrick Hamilton and William Darity proposed baby bonds
  • Whenn a baby is born an account would be made by the federal government for the child to use at 18
  • The funds could go towards college, a business venture or buying a home
  • The amount of funds would be based on class (poorer kids get more money)

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Updated 2021-02-22

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Sociology

Social Science

Empirical Science

Science