NUMBER OF THE DAY
The Economic Cost of Racism, by the Numbers
An economist calculated the cost of racial bias, and it’s a big one
Published in
2 min readOct 26, 2020
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$16 trillion: That’s the additional economic output the U.S. would have generated since 2000 if it closed racial gaps, according to a report written by Dana Peterson, an economist at Citigroup, as reported in Bloomberg…