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Bradley Hardy, Trevon Logan, and John Parman describe the legacy of structural racism and its influence on economic outcomes for people and places today, outlining the role it should play in informing policy to improve economic conditions in lagging U.S. communities.
For a century, the progress our nation made toward realizing broadly shared economic growth gave our economy much of its unparalleled strength. However, for the last several decades, that progress has seemed to stall. On critical measures such as household income, poverty, employment rates, and life expectancy, there exist yawning persistent gaps between the best- and worst-performing communities. These conditions demand a reconsideration of place-based policies. The evidence-based proposals contained in this volume can help restore the conditions of inclusive growth that make it possible for individuals from any part of the country to benefit from economic opportunity.