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Roles and Affiliations: Darrick Hamilton serves as the Henry Cohen Professor of Economics and Urban Policy at The New School, specifically within The New School for Social Research. He is the founding director of the Institute on Race, Power, and Political Economy. His work bridges academia with policy advocacy, focusing on systemic economic inequality and racial disparities. Hamilton has advised the Bernie Sanders presidential campaign and served on the Biden-Sanders Unity Task Force’s economic committee, while also testifying before U.S. Senate/House committees on policy responses to economic crises.
Educations: Hamilton holds a PhD from the University of North Carolina at Chapel Hill (1999) and a BA from Oberlin College (1993).
Research Interests: Hamilton’s research centers on stratification economics, analyzing how race, class, and policy shape wealth distribution and economic outcomes. He examines the racial wealth gap, unemployment’s psychological impacts, and proposes solutions like Baby Bonds and a Federal Job Guarantee. His work often intersects with urban policy, labor markets, and social justice, emphasizing structural interventions over individualistic fixes. He critiques systemic barriers in education and healthcare, advocating for equitable policy frameworks that address historical injustices.
Articles Trends: Recent articles highlight Hamilton’s focus on global racial wealth disparities, historical land loss, and the application of stratification economics to contemporary policy debates. His work critiques austerity measures, proposes income guarantees, and explores intersections of race, health, and economic security.
- Key Policy Contributions: Federal Job Guarantee, Baby Bonds, opposition to tracking in education, and advocacy for HBCUs.
- Grants & Collaborations: Collaborations with institutions like the Federal Reserve Bank of Boston, Ford Foundation, and Insight Center for Community Economic Development.
Awards: Honored with the 2017 INSIGHT into Diversity Magazine STEM Award, the Center for Global Policy Solutions’ Diversity in Research Award, and recognition in Politico Magazine’s 2017 POLITICO 50 for co-proposing the Federal Job Guarantee.
Advising & Grants: Advised leading Members of Congress and presidential candidates. His grants include studies on urban wealth disparities and the psychological costs of unemployment. He has designed reports like The Color of Wealth series for multiple cities and Beyond Broke: Why Closing the Racial Wealth Gap is a Priority for National Economic Security.
Labs/Teams: Leads the Institute on Race, Power, and Political Economy, a research hub addressing racialized economic systems and proposing policy solutions. Collaborates with interdisciplinary teams on projects linking wealth, health, and social equity.
