Economist and cultural entrepreneur Bruce Corrie spoke at our November Community Gathering about ways to build capacity and bolster wealth in ailing African, Latino, Asian, and Native American (ALANA) communities.
Those communities have been hit hard by Covid-19 and the resulting economic losses as well as by the civil unrest that followed the police killing of George Floyd in Minneapolis.
Dr. Corrie, assistant vice president for government and community relations and professor of economics at Concordia University in St. Paul, discussed a project he is involved with, the ALANA Brain Trust, that has quantified the economic cost of racism in Minnesota — $287 billion in lost earnings, housing equity, business revenue, and other assets. It offers a policy blueprint that includes providing capital to ALANA businesses and more funding to community organizations, workforce development, arts organizations, and cultural sites.
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