This chapter critically examines America's narrative surrounding its history with racism and slavery, emphasizing the importance of acknowledging past injustices. It explores the role of educational innovation and institutional reconciliation in fostering a collective understanding and healing from historical injustices, drawing inspiration from South Africa's truth and reconciliation efforts.
How much has racism held back the U.S. economy? What would the country look like today if Black entrepreneurs and inventors had been welcomed and encouraged over the past century and a half? Economist Lisa Cook of Michigan State University talks with EconTalk host Russ Roberts about her research into the impact of racism, lynching, and segregation on Black inventors and entrepreneurs.