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Ways & Means: Bootstraps and Silver Spoons

Audio transcript

Most of us prize stories of people who start with nothing in life, and then become rich. Americans even have a saying for it: pulling yourself up by your bootstraps.  However, new economic research is revealing how wealth is actually built in the US and how difficult it is for some people to gain wealth, even when they do everything right.

This episode features William “Sandy” Darity, Professor of Public Policy, African American Studies and Economics at Duke University. Darity also directs the Samuel DuBois Cook Center on Social Equity at Duke.

[http://youtube=://www.youtube.com/watch?v=Ye83SwDrKNw&w=854&h=480]