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[–]FoxySDTWhite Nationalist 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Sean Last made an article on this. The inter-generation wealth is not sufficient explanation for black failure.

This may seem surprising, but it is consistent with other data on the inter-generational effects of wealth in 19th century America and in the South. For instance, Bleakley and Ferrie (2013) found that the decedents of those who won Georgia’s land-lottery in the 1830s fared no better for it in terms of their income, wealth, and literacy rates. Analyzing the opposite sort of event, Ager et al. (2016) looked at data on those whose wealth was destroyed during the civil war due to slave emancipation and war related property destruction. Based on this analysis, they estimate that a person’s wealth being decimated by 10% predicted a 0.4% decrease in their children’s income. By the next generation, this effect probably wouldn’t significantly differ from zero. It certainly would not differ from zero for those born 100 years later.

https://ideasanddata.wordpress.com/2019/06/11/slavery-and-modern-black-poverty/