Chicago Academic Says Muni Market Promotes Inequality

  • New book describes how muni bonds shaped modern San Francisco
  • Black communities were ‘continuously deemed unworthy of debt’
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Destin Jenkins is an assistant professor of history at the University of Chicago and author of a new book, “The Bonds of Inequality: Debt and the Making of the American City,” and if the denizens of MuniLand haven’t heard of him, they will soon.

That’s because he has something to say that is very relevant to the discussions we’re having right now about racial equality. He writes, for example, about things like the municipal market being used for “the infrastructural investment in whiteness.”