To create a more equitable profession and, in turn, a more equitable society, economists must start considering how race and racism are interpreted, presented, and embedded in scholarly work. In this essay, we discuss not only how diversity in the economics profession will ultimately lead to better research and policy solutions but how that diversity should be embedded in the practice of economic analysis and how the field formulates research questions and addresses the constraints imposed on individual decisions by underlying racial inequities, structural racism, and bias.