Pell Center

The Pell Center for International Relations and Public Policy at Salve Regina is a multidisciplinary research center focused at the intersection of politics, policies and ideas.

Examining the Wealth Gap between Black and White Americans with Louise Story and Ebony Reed

Air Dates: July 8-July 14, 2024 

The myth is that anyone who works hard, saves their money, and makes good decisions, can develop wealth in the United States. But Louise Story and Ebony Reed document the long and painful history of the structures, policies and practices that have resulted in a profound wealth gap between Black and White Americans.  

Louise Story is a professor at Yale University and media expert who spent more than a decade working at The New York Times. As an investigative reporter, she worked on multiple billion-dollar plus financial settlements, government reforms and legal convictions. She was a finalist for the 2010 Emmy Awards and the 2009 Pulitzer Prize in Public Service. Most recently, Story was the Chief News Strategist and Chief Product & Technology Officer at The Wall Street Journal. She co-authored a book with Ebony Reed titled “Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap.” Reed also teaches at Yale and is a seasoned journalist, editorial leader and news strategist. She has reported on public school systems, police agencies and city governments. At the Wall Street Journal, Reed was the New Audiences and Community Chief, overseeing four teams of journalists, engineers, designers and audience experts. She joined The Marshall Project in January 2022 as its Chief Strategy Officer.  

On this episode of “Story in the Public Square,” Story and Reed reflect on the wage gap between Black and White Americans. Reed offers advice for combating racial inequality. She explains, “when you try to make a partnership with someone different from yourself and you really think about making it fair, that will teach you about your community and our country and about the kind of give and take that we need and the empathy we need to have for other people’s situations and understanding people don’t have the same situation as each other and you can learn in partnership.” 

“Story in the Public Square” broadcasts each week on public television stations across the United States. A full listing of the national television distribution is available at this link. In Rhode Island and southeastern New England, the show is broadcast on Rhode Island PBS on Sundays at 11:00 a.m. and is rebroadcast Thursdays at 7:30 p.m. An audio version of the program airs Saturdays at 8:30 a.m. and 7:30 p.m. ET, Sundays at 4:30 a.m. and 9:30 p.m. and Mondays at 2:30 a.m. ET on SiriusXM’s popular P.O.T.U.S. (Politics of the United States), channel 124. “Story in the Public Square” is a project of the Pell Center at Salve Regina University. The initiative aims to study, celebrate and tell stories that matter.