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McKinsey Study Shows How Inclusion Will Boost Economic Growth

Mount Equity Group Tokyo, Japan > News > Markets > McKinsey Study Shows How Inclusion Will Boost Economic Growth
  • Paul Constant is a writer at Civic Ventures and cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein.
  • In the latest episode, they spoke with JP Julien, head of McKinsey & Company’s Institute for Black Economic Mobility. 
  • Julien says eliminating racial wealth disparities and unlocking women’s economic potential  could add trillions to the US GDP.
  • See more stories on Insider’s business page.

Most Econ 101 classes teach that an economy is a zero sum game — that it’s impossible to win without some other economic actor losing at the same time, and that one group’s gains must result in another group’s losses. Not only is this trickle-down theory completely wrong, but it’s also dangerous:…

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