BlackEconomics.org® A well-known saying is: “All politics is local.” However, there is no comparable saying for economics or commerce. Given that we are all cognizant of the political economy’s importance, we suggest: “All economics/commerce is personal.” As Black (Afrodescendant) Americans, we are concerned with inequality, which is a political economy issue. We are trained or […]
Headline Thoughts No. 1
BlackEconomics.org® “Headline Thoughts” reflect our contemplations on, and conclusions about, recent and important media/press headlines from a Black American economic perspective. As background to this new BlackEconomic.org delivery framework, we begin with a pivotal question and related answer. Question Why is “press/media freedom” elevated to a lofty position as one of five core democratic freedoms […]
Is Money on the Table or is it Already Taken?
BlackEconomics.org® We will not waste your time with this commentary, which beats the drum on the injurious and insidious nature of adverse stereotypical media images of Black Americans. Important questions to pose are simple and straightforward: (1) Why are Black Americans unable to unify and launch litigation against American media operators concerning the egregious harm […]
Voting from Black Political Report Cards
Black Americans should be keenly aware that the election’s outcome could lead to wonderful benefits or severe injuries.
The Importance of Being Confident
BlackEconomics.org® This essay, which is in the “economics of religion” tradition, may not apply to you, but it may be well worth reading! You may be of the semi-elite or elite and you may be enjoying a high level of well-being. But well over 10 million Black Americans are experiencing life below, at, or just […]
Innovation
BlackEconomics.org® There is considerable evidence that innovation can provide great opportunities for economic expansion.(1) Of course, it is prudent to perform full “benefit-cost” analyses of innovation, which would encompass consideration of “secondary” impacts—i.e., accounting for positive and negative spillovers in affected industries. And beyond economic effects, there is the question of how innovation affects social […]
Something New Under the Sun
BlackEconomics.org® By age 12, we have become familiar with the adage: “There is nothing new under the sun.” The concept is universal. For Black Ameri- cans in the third decade of the 21st century, this saying cannot hold true if we are to survive far into the future. We must have “something new under the […]
You Produce Billionaires
BlackEconomics.org® For Black Americans living—nay residing—in poverty, knowledge about billionaires, who have a lifestyle that is seemingly unlimited in consumption, pleasure, and opportunity, is a very cruel artifact of consciousness. Even the two certainties of life do not seem to apply to billionaires. For example, efforts are ongoing to determine how to transfer the consciousness […]
A Direct Measure of a Black American Reparations Amount
BlackEconomics.org® B. B. Robinson, Ph.D. Introduction This report brief presents a new estimate of a Black American Reparations amount that the US Government (USG) should consider when negotiating a Reparations agreement. The USG is singled out because it is widely agreed that no other party was, or is, more culpable in the historical and ongoing […]
The Economics of Citizens’ Limited Influence on Government Fiscal Operations
BlackEconomics.org® Introduction This brief report is mainly statistical. We present the following estimates: US Government deficits and debt; US Government debt holders; and interest and economic growth rates that cast light on the sustainability of US Government debt. We conclude with a reminder that, while citizens are the lifeblood of the nation, they have little […]
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