The Creation of Wealth - Is It a Consequence of History?

The issues that should concern us, i think, are largely issues that transcend the racial categorization. I wouldn't be thinking about people who are black without wealth. Wealth is a stock. Income is a flow. So the stock evolves over time under influence from the floe. We can shift wealth around at a point in time, but we may not change the steady state wealth holdings if we don't deal with the flow....