Building Wealth for the Next Generation: The Promise of Baby Bonds
Wednesday, January 8th, 2025

In Building Wealth for the Next Generation: The Promise of Baby Bonds—a series that is coproduced by NPQ and the Institute on Race, Power, and Political Economy at The New School for Social Research in New York City, authors examine the growth of the “baby bonds”—a policy that is increasingly being adopted by state governments.  Designed as savings accounts that children receive in trust at birth and which they can access after becoming adults, this approach offers a powerful tool to reduce economic inequality, increase economic mobility, and reduce the nation’s staggeringly large racial wealth gap.