Social Science Bites

There is inequality in the United States, a fact most people accept and which data certainly bears out. But how bad do you think that inequality is, say, based on comparing the wealth held by the average Black person in America and the average white person? This is one of the questions that Jennifer Richeson, a social psychologist at Yale University, studies. She has news -- bad news -- about both the actual gap and what people across the board think that gap is. First off, the facts. The Black-white wealth gap in the United States is, in Richeson’s words, “staggeringly large.” Citing figures from 2016, she notes that “the average Black family had about 10 percent of the wealth of the average white family.” The actual percentage in wealth improved slightly in the five years since, “but the important thing is that it’s a huge, staggering gap that has been persistent for 50 to 60 years.” With the gap so large and so persistent, you might expect estimates of its size to reflect reality. You would be mistak