Ellora Derenoncourt on the US Racial Wealth Gap

This Social Science Bites podcast offers a dollop of good news and heaping helping of bad. The good news is that since the end of American Civil War the economic condition of Back Americans has improved, using as a comparison the presumed status quo population of white Americans. According to Princeton University economist Ellora Derenoncourt , this "wealth gap" has fallen from 60-to-one to…