Explain It to Me

Are baby bonds a good investment?


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Something is happening in Connecticut. Back in 2021, the state legislature passed a measure that would create something called baby bonds: trust accounts for children receiving government assistance. It’s an idea that started decades ago and was championed by Darrick Hamilton, the founding director of the Institute on Race, Power and Political Economy at the New School. On this week's episode of The Weeds, host Jonquilyn Hill sits down with Hamilton to discuss how the idea came to fruition, how a race-neutral policy can close the racial wealth gap, and the way we define economic value. 


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Credits:

Jonquilyn Hill, host

Sofi LaLonde, producer

Cristian Ayala, engineer

A.M. Hall, editorial director of talk podcasts


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