RAJ CHETTY. STANFORD ECONOMIST.
The academic study released yesterday focusing on the black-white wealth gap, authored by Raj Chetty and Nathaniel Herndon, is going to be discussed by politically incorrect race realists for a long time to come.
The study comes out of the Equality of Opportunity project at the Census Bureau, Harvard, and Stanford universities.
Liberals are already saying that the study, because it shows racial differences in wealth between blacks and whites, proves that the U.S. is a hotbed of racism.
Although I haven’t looked at the study yet, I don’t think that’s a conclusion that race realists would necessarily agree with.
Again, this study is going to be huge in terms of how black America is perceived by knowledgeable white people.
Virtually nowhere in the United States do black boys grow up to earn incomes equivalent to white boys raised in the same neighborhoods by parents with comparable wealth and education levels, according to a study released Monday that followed millions of children now in their late 30s or turning 40.
The disparity holds true even for black boys raised in the wealthiest of families, who grew up on the same block in the same affluent community and attended the same school as their white counterparts. The findings shows that race — not just parental income or neighborhood opportunities — factors into the yawning wealth gap between blacks and whites in America.
Wow! Negro boys with every advantage in life conferred upon them by their parents lose out to white boys as they become adults.
A race realist could have predicted this outcome.