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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

Photo illustration. Image: DNY59/Getty Images

$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

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