JPMorgan puts $30B toward fixing banking's 'systemic racism'
"... it's going to take massive government policy changes to really move the needle and make up for hundreds of years of systemic racism.”
"... it's going to take massive government policy changes to really move the needle and make up for hundreds of years of systemic racism.”
"If we can pass laws to disallow risk-based pricing in health care...we can do it in housing finance too.”
Edward Golding speaks about MIT's recent report that shows that black homeowners pay more to be homeowners than other groups.
African-American homeowners pay hundreds of dollars more per year in mortgage interest and mortgage insurance premiums than White homeowners.
“At some point, it’s going to crystallize and everyone’s going to pull out” of homes facing climate risks.
Historical discrimination in housing and the mortgage market continues to affect homebuyers of color today...
"It seems that we're asking the victims to pay and to pay again for what was really not their fault."
"Economic uncertainty makes business people very uncomfortable, and that generally depresses investment everywhere," MIT Sloan Professor John Sterman told the Texas Tribune.
This issue covers: an introduction to our Faculty Director, Christopher Knittel; our initial focal areas; and an award for the En-ROADS Climate Solutions Simulator team.
In this broadcast interview professor Simon Johnson said: "We've had some episodes historically