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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
Tags
Sociology
Social Science
Empirical Science
Science