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Economist Found $16 Trillion When She Tallied Cost of Racial Bias

An economist tried her hand at something few in her field have attempted: quantifying the cost of racism.

(Bloomberg Businessweek) -- As protests against racial injustice erupted across the U.S. in late May, an economist on Wall Street set aside her usual work of analyzing monetary policy and all things macro to try her hand at something few in her field have attempted: quantifying the cost of racism to the world’s largest economy.
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