The seventh installment of our virtual event series focuses on how racism in the criminal justice system impacts the economy. The criminal justice system has frequently failed to live up to its name, with damaging social and economic consequences. Keynote speakers will examine the origins and contemporary context of the U.S. criminal legal system, followed by thought leaders and practitioners who will discuss strategies to address the system’s disparate impacts on the economic security of Indigenous people and communities of color. The session explores how overrepresentation of people of color and Indigenous people in the criminal legal system compromises the performance of the overall economy.
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00:00 Introduction & Opening Remarks - Raphael Bostic, Federal Reserve Bank of Atlanta
00:08:26 The Challenge for Building a Racially Equitable Criminal Legal System - Phillip Atiba Goff, Yale University and Center for Policing Equity, Kelly Lytle Hernandez, University of California, Los Angeles, and Million Dollar Hoods, Victor Rios, University of California, Santa Barbara, Nicholas Turner, Vera Institute of Justice
00:46:53 A Conversation Between Keith Ellison and Neel Kashkari - Keith Ellison, Minnesota Attorney General, Neel Kashkari, Federal Reserve Bank of Minneapolis
01:12:15 Understanding Connections Between Segregation, Policing, and the Economy - Yvette Gentry, Metro United Way, Walter Katz, Arnold Ventures, Clark Neily, Cato Institute, Kevin Washburn, University of Iowa College of Law, Moderator: David Muhammad, National Institute for Criminal Justice Reform
01:49:45 The Impacts of Nonviolent Convictions and Monetary Sanctions - Jennifer Doleac, Texas A&M University, Rachael Rollins, Suffolk County (MA) District Attorney, Andrea Young, ACLU of Georgia, Moderator: David Muhammad, National Institute for Criminal Justice Reform
02:23:45 Reflections on the Criminal Legal System and the Economy - Raphael Bostic, Federal Reserve Bank of Atlanta, Neel Kashkari, Federal Reserve Bank of Minneapolis, Eric Rosengren, Federal Reserve Bank of Boston, Moderator: Chanda Smith Baker, Minneapolis Foundation
02:23:45 Closing Remarks - Eric Rosengren, Federal Reserve Bank of Boston
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