Black Wealth: A New Perspective on Racial Inequality
The award-winning Black Wealth / White Wealth offers a powerful portrait of racial inequality based on an analysis of private wealth. Melvin Oliver and Thomas Shapiro's groundbreaking research analyzes wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and they show how public policies have failed to redress the problem.First published in 1995, Black Wealth / White Wealth is considered a classic exploration of race and inequality. It provided, for the first time, systematic empirical evide