BlackEconomics.org® We are often reminded of the “Chicago School” adage: “If it exists, then it must be efficient; otherwise, it wouldn’t exist.” To prove true, this saying must rest, inter alia, on the following premises: • The “existence” was manufactured by economic agents for which the “existence” is efficient. • The economic agents manufactured the […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Addressing Racist Media Stereotypes
BlackEconomics.org® Introduction Do emotional movie scenes motivate tears? Has the slow but methodical increase in mass shootings of Black Americans over the last few years numbed you to recent such occurrences? Are these murders no longer repugnant? Without any intent to incriminate, while your and your partner’s decision to abort undoubtedly concerned your personal futures, […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Missing the Point
BlackEconomics.org® The relatively few existing Black American economists focus largely on inequality (stratification) issues. We realize that in-equality in employment and income are not our primary concerns even as we consider Black America’s ~$1.8 trillion in spending power for 2023.(1) Rather, wealth inequality is the most salient metric by which we assess progress: Our wealth […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Open Letter to Black Americans Concerning the Media
BlackEconomics.org On March 10, 2023, BlackEconomics.org released its first media-related open letter: “Open Letter to HBCU Law School Deans: Reparations for Black American Defamation.” The letter urged litigation against the media for its promulgation of adverse stereotypical images of Black Americans that motivate racial discrimination and follow-on socioeconomic injury. The open letter hearkened back to […]
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A GD Saturday Can Kickstart Reparations
BlackEconomics.org® Black Americans, who believe that Repara-tions are due, know that there are numerous efforts afoot to secure Reparations in one form or another. Presumably, we can agree that a more unified strategy should enable us to experience more success in wresting Reparations from the prevailing system of things. This brief essay will provide an […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
South Asian Immigration: Implications for Black America
BlackEconomics.org® In “Welcoming Black South Asians into the Black World,” BlackEconomics.org highlighted possible benefits of a favorable relationship between Black Americans, other Black people of the world, and South Asians, who are essentially Black people. Unfortunately, a closer look at the evolving nature of South Asians’ immigration to the US does not cast a warm […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Cleaning Our Way to Black Liberation
BlackEconomics.org® Without a moralizing intent, we share the following travel incident. We were in Kyoto, Japan in March 2009 attending an academic conference. Each morning, while walking to the subway that would take us to Ryukoku University where the conference was held, we observed a streetsweeper—a person with a broom. One morning, we decided to […]
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Don’t Ask the Wrong Question about Raising the FDC
BlackEconomics.org® As the US hurtles toward a GO – NOGO decision on lifting the Federal Debt Ceiling (FDC), the question on everyone’s mind is: Will the ceiling be lifted? One might argue that this is an incorrect and not the most important question because it bypasses relevant and important questions that precede it. We do […]
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Frogs: Reaching a Deadly Boiling Point Via Chilling Realities
BlackEconomics.org® In numerous cultural traditions, frogs symbolize fertility, rebirth, potential, change/transformation, purity, prosperity, good luck, uncleanliness, and liberty. Interestingly, frogs also have an unfounded reputation based on a popular, but false myth that they will willing go to their demise if placed in water that rises slowly to a boiling point. It is known as […]
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Making Discriminators Pay
BlackEconomics.org® Economists have diverse opinions about economic theories that seek to explain racial discrimination. Even so, there is no doubt that official U.S. statistics confirm the persistent existence of economic inequality endured by Black America (in the short and long run), which is at least partly attributable to racial discrimination. However, economies may evolve organically […]