Earn Your Leisure

In this thought-provoking episode of Market Mondays, hosts Troy Millings and Rashad Bilal engage in an insightful conversation with guest experts Louise Story and Ebony Reed about the deeply entrenched racial wealth gap in America. The conversation revolves around the book "Fifteen Cents on the Dollar: The Black-White Wealth Gap," co-authored by Louise Story and Ebony Reed, shedding light on how historical events and systemic practices have contributed to this stark wealth disparity.The discussion starts with a deep dive into the title of the book, "Fifteen Cents on the Dollar," which refers to the typical wealth held by a black family compared to a white family, based on federal data released by the Federal Reserve. Ebony Reed clarifies that this discrepancy in wealth is distinct from the income gap, highlighting the long-standing imbalances in wealth accumulation rather than just earnings.The conversation then delves into the historical context, tracing the roots of the wealth gap back to th