What explains the economic success of Asian Americans?

By Anthony O'Brien

Published March 29, 2021 3:14pm ET

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What explains the economic success of Asian Americans? — Grace Pai, director of organizing at Chicagoâs Asian Americans Advancing Justice branch, works on her computer in her apartment Thursday, March 18, 2021, in Chicago. Pai and others have been busy working with community members as Asian Americans reel from Tuesdayâs Atlanta-area shootings by a gunman who killed eight people, six of whom were Asian women. âTo think that someone targeted three Asian-owned businesses that were staffed by Asian American women â¦ and didnât have race or gender in mind is just absurd,â Pai said. | (AP Photo/Noreen Nasir)

White males earn more than all other ethnic groups, right? Wrong. According to the latest government data, Asian men earn, on average, 30% more than white men. Asian women earn 20% more than white women. To complete the picture, those four groups earn more, on average, than do black men and women, who, in turn, earn more than Hispanic men and women.

What are we to make of the economic success of Asian Americans?

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Asian Americans Economics Harvard University Race Wealth