From KPCC:
Whites are no longer the most well-off race in America, according to a new study on income inequality by researchers at Stanford University and the University of California, Irvine. “Americans have long [considered] whites as the most privileged, highest income earners and blacks as the least,” said Stanley Bailey, UCI associate professor of sociology, in a statement. But that's an outdated notion. he study, published in the online journal Demographic Research, found Asians have the highest per capita household income in the U.S.

For the full story, please visit http://www.scpr.org/blogs/economy/2014/09/22/17333/asian-have-highest-in....