Professor Darrick Hamilton’s Baby Bonds Proposal Referenced in The Nation

Darrick_HamiltonA recent article published in The Nation proposes three ideas for programs that will make #BlackLivesMatter. Professor Darrick Hamilton’s proposal for “Baby Bonds” (co-authored with William A. Darity Jr.) is proposed as option #3. The article reads:

The political challenges to implementing a reparations program—which we support—were daunting from the outset and are now possibly prohibitive. To address this dilemma, Duke University’s William A. Darity Jr. and the New School’s Darrick Hamilton have proposed another innovative program that they estimate would close the wealth gap within a few generations.

Hamilton and Darity have advocated for federal job guarantee and revision of tax code that privileges assets of wealthy.

 

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