Book review: The Color of Money: Black Banks and the Racial Wealth Gap
Weems, Robert E.
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Robert E. Weems; MEHRSA BARADARAN. The Color of Money: Black Banks and the Racial Wealth Gap., The American Historical Review, Volume 123, Issue 3, 1 June 2018, Pages 966–967
Mehrsa Baradaran has produced an important, sobering assessment of historic and contemporary African American banks. Although The Color of Money focuses on black financial institutions, the book’s scope is much larger than an examination of a particular industry. In fact, Baradaran provides an overview of American and African American economic history from the era of slavery to the present. Consequently, the book’s title actually understates its scope.
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