Mises Wire
Author:
Jordan Setayesh
Online Publish Date:
The media has placed a lot of emphasis on the racial wealth gap. According to the US Census Bureau , in 2014, white-only households had a median net worth of $102,800, while the corresponding statistic was $17,530 for Hispanic-only households of any race and $9,590 for black-only households. These are ratios of approximately 5:1 and 10:1 for white