Tag Archives: wealth

Chart of the Day: Racial Inequality in Wealth over Time

People often talk about income inequality, but wealth inequality is its cumulative effect (compounded by things like real estate value and other assets). When you start talking about wealth, race, and real estate, society get problematic really quickly. Here’s a chart: This is via some website called datatools: In 1963, the average wealth of white families was $117,000 […]