The Color of Money: Black Banks and the Racial Wealth Gap

From The Real News: JAISAL NOOR: Welcome to The Real News Network. I'm Jaisal Noor in Baltimore. White House Chief of Staff John Kelly was widely condemned for recently saying, "The lack of compromise led to the Civil War." JOHN KELLY: Now it's different today but the lack of an ability to compromise led to …

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The Case for Reparations

The Case for Reparations by Ta-Nehisi Coates - The Atlantic: Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole. Clyde Ross was born in 1923, the seventh of …

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Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent

JAMES K. BOYCE, DEVELOPMENT, PEACEKEEPING AND ENVIRONMENT PROGRAM, PERI Institute LEONCE NDIKUMANA, PROF. ECONOMICS, UMASS AMHERST A new book titled Africa's Odious Debts: How Foreign Loans and Capital Flight Bled a Continent begins its conclusion with the following. During the past four decades, sub-Saharan Africa has experienced a financial hemorrhage. We estimate that from the …

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Understanding Money – Part 1: Making Magic

Whether we are aware of it or not, the lifeblood of all of our established institutions and society itself is money. Therefore understanding monetary policy is critical to understanding why our lives are the way they are. Unfortunately, economics is often viewed with confusion and boredom. However, the fact is, the complexity associated with the …

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