The challenge of the racial wealth gap has become a dominant discourse of late. While researching this topic, I came across a paper, which is the title of this blog, that identifies 10 myths held up as ways to reduce the racial wealth gap that are ineffective including education, home ownership and entrepreneurship. The 10 myths are listed below. You can read the full study here. 

Myth 1: Greater educational attainment or more work effort on the part of Blacks will close the racial wealth gap. 

Myth 2: The racial homeownership gap is the “driver” of the racial wealth gap.  

Myth 3: Buying and banking Black will close the racial wealth gap. 

Myth 4: Black people saving more will close the racial wealth gap. 

Myth 5: Greater financial literacy will close the racial wealth gap.  

Myth 6: Entrepreneurship will close the racial wealth gap. 

Read the full article here.