Race is a big topic at the 2016 DNC: Here's how much racism literally costs America

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Michelle Obama's Powerful Speech at the DNC

The Mothers of the Movement, a group of black mothers who have lost their children to police and gun violence, will take center stage at the 2016 Democratic National Convention on Tuesday night.

The group is expected to discuss issues facing children of color, and to make the case that Democratic presidential nominee Hillary Clinton is the best candidate to address those problems.

Race has been an ongoing topic at the convention: First Lady Michelle Obama immediately drew race into the conversation during her speech for the DNC's opening night when she said, "I wake up every morning in a house that was built by slaves," referring, of course, to the White House.

Notable guests at the 2016 DNC:

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Notable guests at the 2016 DNC
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Notable guests at the 2016 DNC
UNITED STATES - JULY 28: Democratic Presidential nominee Hillary Clinton, speaks on stage as her daughter Chelsea and husband Bill, look on, at the Wells Fargo Center in Philadelphia, Pa., on the final night of the Democratic National Convention, July 28, 2016. (Photo By Tom Williams/CQ Roll Call)
UNITED STATES - JULY 28: Katy Perry performs at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
Former Reagan Administration Official Doug Elmets speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Thursday, July 28, 2016. Division among Democrats has been overcome through speeches from two presidents, another first lady and a vice-president, who raised the stakes for their candidate by warning that her opponent posed an unprecedented threat to American diplomacy. Photographer: David Paul Morris/Bloomberg via Getty Images
Actors Ted Danson and Mary Steenburgen speak during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Thursday, July 28, 2016. Division among Democrats has been overcome through speeches from two presidents, another first lady and a vice-president, who raised the stakes for their candidate by warning that her opponent posed an unprecedented threat to American diplomacy. Photographer: David Paul Morris/Bloomberg via Getty Images
UNITED STATES - JULY 28: House Democratic Leader Nancy Pelosi speaks at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 28: Pete Escovedo, left, and Tito Puente Jr. of Sheila E + Family perform at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 28: U.S. Senate candidate from Pennsylvania Katie McGinty speaks at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
Representative James Clyburn, a Democrat from South Carolina, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Thursday, July 28, 2016. Division among Democrats has been overcome through speeches from two presidents, another first lady and a vice-president, who raised the stakes for their candidate by warning that her opponent posed an unprecedented threat to American diplomacy. Photographer: David Paul Morris/Bloomberg via Getty Images
UNITED STATES - JULY 28: Carole King performs at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 28: Rep. Sean Patrick Maloney, D-N.Y., claps as LGBT rights activist Sarah McBride speaks at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. Sarah became the first transgender person to address a national political convention. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 28: President of the Human Rights Campaign Chad Griffin speaks at the Democratic National Convention in Philadelphia on Thursday, July 28, 2016. (Photo By Bill Clark/CQ Roll Call)
Musician Sheila E rehearses before the start of the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Thursday, July 28, 2016. Division among Democrats has been overcome through speeches from two presidents, another first lady and a vice-president, who raised the stakes for their candidate by warning that her opponent posed an unprecedented threat to American diplomacy. Photographer: David Paul Morris/Bloomberg via Getty Images
Democratic presidential nominee Hillary Clinton hugs U.S. President Barack Obama as she arrives onstage at the end of his speech on the third night of the 2016 Democratic National Convention in Philadelphia, Pennsylvania, U.S., July 27, 2016. REUTERS/Jim Young TPX IMAGES OF THE DAY
Former Governor of Maryland Martin O'Malley speaks during day three of the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 27, 2016. / AFP / Nicholas Kamm (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)
PHILADELPHIA, PA - JULY 27: Former New York Mayor Michael Bloomberg addresses the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. (Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Vice President Joe Biden addresses the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Dr. Jill Biden introduces her husband Vice President Joe Biden during the third day of the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. (Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Former Representative Gabby Giffords walks to the podium with her husband Mike Kelly during the third day of the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. (Photo by Toni L. Sandys/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Christine Leinonen, mother of Christopher Drew Leinonen, who was killed in the Pulse nightclub attack in Orlando, addresses the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. Brandon Wolf (left) and Jose Arraigada (right) are survivors of the massacre. (Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Actress Sigourney Weaver addresses the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. (Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Television personality Star Jones addresses the Democratic National Convention in Philadelphia on Wednesday, July 27, 2016. (Photo by Michael Robinson Chavez/The Washington Post via Getty Images)
PHILADELPHIA, PA - JUlY 27: Washington Post reporter Margaret Sullivan, right, interviews comedian Samantha Bee at the Washington Post Live space on the third day of the 2016 Democratic National Convention in Philadelphia, PA on Wednesday July 27, 2016. (Photo by Jabin Botsford/The Washington Post via Getty Images)
PHILADELPHIA, PA - JULY 27: Singer Idina Menzel (L) joins the Stars of Broadway to perform 'What the World Needs Now' honoring those killed in the Pulse nightclub shooting in Orlando on the third day of the Democratic National Convention at the Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Paul Morigi/WireImage)
PHILADELPHIA, PA - JULY 27: Actresses Debra Messing (L) and Kristen Bell join the Stars of Broadway to perform 'What the World Needs Now' honoring those killed in the Pulse nightclub shooting in Orlando on the third day of the Democratic National Convention at the Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Paul Morigi/WireImage)
PHILADELPHIA, PA - JULY 27: Actress Angela Bassett delivers remarks on the third day of the Democratic National Convention at the Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Paul Morigi/WireImage)
PHILADELPHIA, PA - JULY 27: Rosie Perez (R) joins the Stars of Broadway to perform 'What the World Needs Now' honoring those killed in the Pulse nightclub shooting in Orlando on the third day of the Democratic National Convention at the Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Paul Morigi/WireImage)
PHILADELPHIA, PA - JULY 27: Director/Producer Lee Daniels speaks at the 2016 Democratic National Convention-Day 3 at Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. (Photo by Earl Gibson III/WireImage)
Democratic vice presidential candidate Time Kaine and his wife Anne Holton wave to the crowd following his address to delegates on Day 3 of the Democratic National Convention at the Wells Fargo Center, July 27, 2016 in Philadelphia, Pennsylvania. / AFP / Robyn BECK (Photo credit should read ROBYN BECK/AFP/Getty Images)
PHILADELPHIA, PA - JULY 27: Musician Lenny Kravitz performs at the 2016 Democratic National Convention-Day 3 at Wells Fargo Center on July 27, 2016 in Philadelphia, Pennsylvania. (Photo by Earl Gibson III/WireImage)
U.S. First Lady Michelle Obama waves after speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
UNITED STATES - JULY 25: Former candidate for President Sen. Bernie Sanders (D-VT) speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
Bill Clinton, former U.S. President, waves during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
Television personality Stephen Colbert smiles while performing on the floor of the Wells Fargo Center ahead of the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Sunday, July 24, 2016. A heat wave has settled over the City of Brotherly Love as tens of thousands of delegates converge on the city for the Democratic National Convention. Photographer: Andrew Harrer/Bloomberg via Getty Images
Comedian Sarah Silverman, right, reacts on stage with Senator Al Franken, a Democrat from Minnesota, during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
UNITED STATES - JULY 25: Eva Longoria speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 25: Boyz II Men perform on stage at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 25: Singer Demi Lovato performs her song 'Confident' on stage at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
Senator Elizabeth Warren, a Democrat from Massachusetts, waves after speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
Representative Keith Ellison, a Democrat from Minnesota, pauses while speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
Representative Joe Kennedy, a Democrat from Massachusetts, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
UNITED STATES - JULY 25: Sen. Cory Booker (D-NJ) speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
Senator Jeff Merkley, a Democrat from Oregon, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
UNITED STATES - JULY 25: Singer Paul Simon performs at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
Randi Weingarten, president of the American Federation of Teachers, speaks while on stage with Lee Saunders, president of the AFSCME, center, and Richard Trumka, president of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), right, during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
Representative Luis Gutierrez, a Democrat from Illinois, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
UNITED STATES - JULY 25: Sen. Al Franken (D-MN) speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 25: Sen. Kirsten Gillibrand (D-NY) speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
Singer Bobby Hill performs during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
Gabrielle 'Gabby' Giffords, former U.S. Representative from Arizona, speaks on stage during a walk through before the start of the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
Rick Santorum, former senator from Pennsylvania, smiles on the floor during a walk through before the start of the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
UNITED STATES - JULY 26: Actress Meryl Streep speaks at the Democratic National Convention in Philadelphia on Tuesday, July 26, 2016. (Photo By Bill Clark/CQ Roll Call)
Actress Erika Alexander speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Daniel Acker/Bloomberg via Getty Images
Madeleine Albright, former Secretary of State, waves while arriving on stage during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Daniel Acker/Bloomberg via Getty Images
Actress Debra Messing waves while arriving on stage during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Daniel Acker/Bloomberg via Getty Images
Actors Lena Dunham, left, and America Fererra speak during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Daniel Acker/Bloomberg via Getty Images
UNITED STATES - JULY 26: House Minority Leader Nancy Pelosi (D-CA) flanked by the House Democratic women and candidates, waves to the crowd at the Democratic National Convention in Philadelphia on Tuesday, July 26, 2016. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 26: Planned Parenthood president Cecile Richards speaks the Democratic National Convention in Philadelphia on Tuesday, July 26, 2016. (Photo By Bill Clark/CQ Roll Call)
Singer Andra Day performs during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Victor J. Blue/Bloomberg via Getty Images
UNITED STATES - JULY 26: Mothers of the Movement, those who have lost children to police violence, take the stage at the Democratic National Convention in Philadelphia on Tuesday, July 26, 2016. (Photo By Bill Clark/CQ Roll Call)
PHILADELPHIA, PA - JULY 26: Interim chair of the Democratic National Committee, Donna Brazile delivers remarks on the second day of the Democratic National Convention at the Wells Fargo Center, July 26, 2016 in Philadelphia, Pennsylvania. Democratic presidential candidate Hillary Clinton received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Alex Wong/Getty Images)
Actress Elizabeth Banks smiles while speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: David Paul Morris/Bloomberg via Getty Images
House Minority Leader Nancy Pelosi, a Democrat from California, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: David Paul Morris/Bloomberg via Getty Images
Jill Biden, wife of U.S. Vice Presidet Joseph Biden, stands on stage during a walk through before the start of the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Tuesday, July 26, 2016. Democrats began their presidential nominating convention Monday with a struggle to fully unite the party, following a dramatic day of internal squabbling and protests. Photographer: Daniel Acker/Bloomberg via Getty Images
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While the social and political consequences of racism might be familiar to convention viewers, they might be less aware of the financial cost of racial discrimination.

Turns out, data suggests that it's not just people of color who would benefit financially from closing the racial wage gap in the United States: About $2 trillion in U.S. gross domestic product is lost because of race-based pay discrimination, research suggests.

Both "The Business Case for Racial Equality," a report published by the W.K. Kellogg Foundation, and "The Equity Solution: Racial Inclusion Is Key to Growing a Strong New Economy," a study published by PolicyLink, estimate that America's GDP would increase by around $2 trillion annually — or by 14% — if the racial income gap were closed.

Race is a Big Topic at the 2016 DNC: Here's How Much Racism Literally Costs America
Michelle Obama speaks at the opening night of the DNC.
Source: Aaron P. Bernstein/Getty Images

There are a few explanations why that figure is so high.

Lower wages overall generally translates into less consumption, which isn't good for businesses, and racial economic inequality can institutionalize racism by reinforcing fundamental political biases, PolicyLink argues.

Furthermore, according to the W.K. Kellogg Foundation study, if people of color were to earn as much as white people in America, it would increase corporate profits and tax revenues — benefiting both the private and public sectors.

DNC opening night photos:

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DNC opening night
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DNC opening night
U.S. First Lady Michelle Obama speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
A supporter of Vermont Senator Bernie Sanders cries as the former Democratic presidential candidate addresses the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 25, 2016. / AFP / Nicholas Kamm (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)
A delegate wears a jacket reading 'Feel The Bern' during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: John Taggart/Bloomberg via Getty Images
Delegates hold signs against the Trans-Pacific Partnership (TPP) during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
Supporters of former Democratic U.S. presidential candidate Senator Bernie Sanders hug and cry at the end of Sanders' speech during the first session at the Democratic National Convention in Philadelphia, Pennsylvania, U.S., July 25, 2016. REUTERS/Jim Young
Wisconsin delegate Angie Aker wears tape covering her mouth during the first day of the Democratic National Convention in Philadelphia , Monday, July 25, 2016. (AP Photo/John Locher)
California delegate Eddie Cisneros gives his thumb down during the first day of the Democratic National Convention in Philadelphia , Monday, July 25, 2016. (AP Photo/Matt Rourke)
PHILADELPHIA, PA - JULY 25: Bernie Sanders speaks to the crowds at the 2016 Democratic National Convention-Day 1 at Wells Fargo Center on July 25, 2016 in Philadelphia, Pennsylvania. (Photo by Earl Gibson III/WireImage)
Delegates hold signs against the Trans-Pacific Partnership (TPP) during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
An attendee wears a red hat with campaign buttons in support of Hillary Clinton, presumptive 2016 Democratic presidential nominee, during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
Delegates hold up signs as they react during the first day of the Democratic National Convention in Philadelphia , Monday, July 25, 2016. (AP Photo/Carolyn Kaster)
Delegates stand during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
A Bernard Sanders supporter with a fake bird on his shoulder is seen on the floor on Day 1 of the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 25, 2016. / AFP / Timothy A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)
Delegates cheer during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: John Taggart/Bloomberg via Getty Images
A delegate holds a campaign sign in support of Senator Bernie Sanders, an independent from Vermont, during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: John Taggart/Bloomberg via Getty Images
Delegates stand for the Pledge of Allegiance during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
A supporter from California of Former Democratic Presidential candidate, Sen. Bernie Sanders, I-Vt., holds up signs during the first day of the Democratic National Convention in Philadelphia , Monday, July 25, 2016. (AP Photo/Matt Rourke)
Barney Frank, left, and Leticia Van de Putte, chairs of the rules committee for the DNC, wave while arriving on stage during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
Stephanie Rawlings-Blake, mayor of Baltimore, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
A delegate wears an American flag themed hat during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Andrew Harrer/Bloomberg via Getty Images
James Roosevelt and Lorraine Miller, chairs of the Rules and Bylaws Committee of the DNC, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
A delegate wears tape over her mouth reading 'Silenced' during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
A supporter of former Democratic presidential candidate Bernie Sanders holds up a Sanders "Feel the Bern" campaign banner as others hold up "Love trumps hate" signs during the first session at the Democratic National Convention in Philadelphia, Pennsylvania, U.S. July 25, 2016. REUTERS/Mark Kauzlarich
PHILADELPHIA, PA - JULY 25: Delegates hold up signs that read 'Trans-Pacific Partnership (TPP)' on the first day of the Democratic National Convention at the Wells Fargo Center, July 25, 2016 in Philadelphia, Pennsylvania. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Jessica Kourkounis/Getty Images)
Democratic National Committee (DNC) Chairwoman Debbie Wasserman Schultz speaks at a rally, before the arrival of Democratic U.S. presidential candidate Hillary Clinton and her vice presidential running mate U.S. Senator Tim Kaine, in Miami, Florida, U.S. July 23, 2016. Picture taken July 23, 2016. REUTERS/Scott Audette
Supporter for former Democratic Presidential candidate, Sen. Bernie Sanders, I-Vt., John Stanley from DeForest Wis., yells as he and other Sanders supporters react during the first day of the Democratic National Convention in Philadelphia , Monday, July 25, 2016. (AP Photo/John Locher)
Supporters of Sen. Bernie Sanders, I-Vt., march during a protest in downtown Philadelphia, Monday, July 25, 2016, on the first day of the Democratic National Convention. On Sunday, Debbie Wasserman Schultz announced she would step down as DNC chairwoman at the end of the party's convention, after emails presumably stolen from the DNC by hackers were posted to the website Wikileaks. (AP Photo/John Minchillo)
People march protecting the DNC email wikileaks scandal and holding signs in support of former Democratic presidential candidate Bernie Sanders during a protest at the 2016 Democratic National Convention, July 25, 2016 in Philadelphia, Pennsylvania. / AFP / Patrick T. Fallon (Photo credit should read PATRICK T. FALLON/AFP/Getty Images)
A protestor chants through a megaphone as he marches during a demonstration in downtown on Sunday, July 24, 2016, in Philadelphia. The Democratic National Convention starts Monday. (AP Photo/John Minchillo)
A delegate holds a Democratic party donkey sign during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
People protest through a security fence outside of the Wells Fargo Center, venue of the 2016 Democratic National Convention, during march holding signs in support of former Democratic presidential candidate Bernie Sanders during a protest outside the DNC, July 25, 2016 in Philadelphia, Pennsylvania. / AFP / Patrick T. Fallon (Photo credit should read PATRICK T. FALLON/AFP/Getty Images)
UNITED STATES - JULY 25: Supporters of Sen. Bernie Sanders, I-Vt., chant as delegates enter the security perimeter for the Wells Fargo Center in Philadelphia, Pa., on the first day of the Democratic National Convention, July 25, 2016. (Photo By Tom Williams/CQ Roll Call)
UNITED STATES - JULY 25: Connor Garrett, 9, of Connecticut, and his father, Dan, walk down Broad Street during a march by supporters of Sen. Bernie Sanders, I-Vt., in Philadelphia, Pa., on the first day of the Democratic National Convention, July 25, 2016. (Photo By Tom Williams/CQ Roll Call)
Members of the media stand during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
Representative Diane Russell, a Democrat from Maine, gestures while speaking during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
Representative Elijah Cummings, a Democrat from Maryland, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
A delegate holds a sign reading 'Love Trumps Hate' during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
UNITED STATES - JULY 25: Karla and Francisca Ortiz, of Las Vegas, speak on stage during the Democratic National Convention in Philadelphia on Monday, July 25, 2016. Karla is an American citizen, but her parents are undocumented and live in fear of deportation. Karla met Hillary Clinton in Nevada and was featured in the campaign ad, Brave. (Photo By Bill Clark)
Bill Clinton, former U.S. President, left, waves during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: David Paul Morris/Bloomberg via Getty Images
Senator Elizabeth Warren, a Democrat from Massachusetts, speaks during the Democratic National Convention (DNC) in Philadelphia, Pennsylvania, U.S., on Monday, July 25, 2016. The Democratic National Committee gloated as Republicans struggled to project unity during the party's national convention, but they are now facing a similar problem after their leader resigned on the eve of their own gathering. Photographer: Daniel Acker/Bloomberg via Getty Images
UNITED STATES - JULY 25: Former candidate for President Sen. Bernie Sanders (D-VT) speaks at the Democratic National Convention in Philadelphia on Monday, July 25, 2016. (Photo By Bill Clark/CQ Roll Call)
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"The earnings gain would translate into $180 billion in additional corporate profits, $290 billion in additional federal tax revenues, and a potential reduction in the federal deficit of $350 billion, or 2.3% of GDP," the study notes.

In an interview with Take Part, W.K. Kellogg report lead author Ani Turner reflected on how this issue is so economically and socially pervasive: "We all understand that removing barriers to racial equity is the right thing to do, but ... [doing so doesn't just] benefit those who are currently being disadvantaged."

Beyond the obvious moral case for ending institutional racism, there's a compelling business case as well: By giving everyone an equal piece of the pie, we'll end up making the pie itself bigger.

Read more:
The 2016 DNC Shows a Party That's More Liberal Than Ever — But There's Still a Big Divide
What Does TPP Mean, and What Did the Anti-TPP Signs Mean at the 2016 DNC Opening Night?
Why Racial Equality Is Good for the Economy, in One Chart
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