Why wealth equality remains out of reach for black Americans

By Darrick Hamilton & Trevon Logan ~ The Conversation ~  Black History Month has become the time to reflect on all the progress black Americans have made, but the sobering reality is that when it comes to wealth – the paramount indicator of economic security – there has been virtually no progress in the last 50 years. Based on data from the Federal Reserve’s Survey of Consumer Finance, the typical black…

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Nations increasing wealth at the expense of environment, Inclusive Wealth Report shows

By UN Environment ~ The Republic of Korea, Singapore and Malta come out on top of biennial survey of growth in the wealth of nations, the preliminary findings of which were presented by UN Environment and partners today in Paris. The Inclusive Wealth Report 2018, the full findings of which will be released in coming weeks, shows that while overall global wealth is rising, the increase for many countries comes…

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Another Advantage for Wealthy Students

By Lauren Camera ~ U.S. News ~ A new study on grade inflation shows that it occurred in schools attended by more affluent students but not in schools attended by less affluent ones. Affluent students have major advantages when it comes to K-12 education: Among them, better teachers, more access to advanced courses, resources for counselors and a variety of extracurricular activities, which when combined can lead to higher high…

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