Tag Archives: racial wealth gap

Jamie Morgan: Improving racial equity by combining basic income and Baby Bonds

The Basic Income Podcast
The Basic Income Podcast
Jamie Morgan: Improving racial equity by combining basic income and Baby Bonds
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One of the proposals championed during the 2020 Democratic primary was Baby Bonds, which would create steadily growing trust accounts for each child that they could access when they turn 18. The Institute for Assets and Social Policy at the Heller School of Social Policy at Brandeis partnered with podcast co-host Jim Pugh through the Universal Income Project to model how such a program would drastically reduce income and asset poverty when combined with a basic income. Jamie Morgan, a PhD student at the Heller School, joined the podcast to discuss this concept and the promise it holds.

Link to the full report: Accelerating Equity and Justice: Basic Income and Generational Wealth.