Samuel DuBois Cook Center on Social Equity

The black community owned 0.5 percent of America’s wealth at the end of slavery, and today that number has barely increased. A typical white household is 10 times wealthier than a typical black household, and the racial wealth gap is growing.

Image of scholar William (Sandy) Darity
Duke University Sanford School School of Public Policy

Why are some people rich and others poor? Answering this elusive question has been the lifelong work of economist William (Sandy) Darity. Darity was an observant child, and from an early age he picked up on how wealth disparities divide communities.