Are baby bonds a good investment?

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.  Submit your policy questions! We want to know what you’re curious about. Credits: Jonquilyn Hill, host Sofi LaLonde, producer Cristian Ayala, engineer A.M. Hall, editorial director of talk podcasts Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts Please take a second to help us learn more about you! vox.com/podcastsurvey Learn more about your ad choices. Visit podcastchoices.com/adchoices