Coronavirus and the resulting economic fallout have decimated jobs around the country. And while both presidential candidates are promising a recovery, the communities hardest hit by the pandemic could be excluded from seeing any stimulus unless more black experts have a seat at the table, according to Michigan State University economics professor Lisa D. Cook. Hazmat Hotel host Lea Goldman talks to Dr. Cook about the cost of racism to our economy: why the stock market is soaring despite historic unemployment; what the lack of diversity at the Fed and in other key policy roles means for black communities; and how institutional racism stifles vital economic research that could help shepherd us through these challenging times.
#coronavirus #economy #FederalReserve #unemployment #BLM #BlackLivesMatter
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