Darrick Hamilton: How "baby bonds" could help close the wealth gap

The video discusses the concept of baby trusts as a means to address economic inequality. It highlights the limitations of the American Dream narrative and the role of wealth in providing economic security. The proposal suggests creating trust accounts for newborns, scaled to family wealth, to ensure equal opportunities. The video critiques current economic narratives and emphasizes the need for structural solutions to wealth disparity, particularly racial inequality. It concludes with a Q&A session addressing concerns about the proposal.

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