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 […]
Racism: A Non-Reinsertable Mutant Genie
Racial/Ethnic racism and the follow-on discrimination are central to the American and global dilemma.(1) Once in power, dominant groups seek to retain their dominance and power.(2) However, those eternal optimists among us believe that there are solutions to the racism problem; i.e., populations can be taught and learn to operate as “antiracists” or that economic […]
Should Black America Strike Too?
BlackEconomics.org® Strikes are in Black America’s DNA. We have a long, treasured, and illustrious history as members and leaders of labor unions—their organizational formation, operations, and their strikes. Therefore, it is puzzling why Black Ameri- cans have never conducted widespread (national) sit-down strikes to advance our liberty. After narrowly avoiding potentially economically disastrous national strikes […]
Eliminating Excuses
BlackEconomics.org® After demoralizing and unforgiveable losses, football enthusiasts often hear coaches and players say: “We make no excuses, but…” When these words roll off their lips, we say: “Stop! Make no excuses! Accept defeat! Move on!” Now translate that scenario to our everyday lives, and then project it into the future. We can do nothing […]
Blaxit to Africa?
BlackEconomics.org® In mid-August 2023, BlackEconomics.org released an essay, “Black Americans Have Choices.” “Blaxit” (Black Americans emigrating) to Afrika is a topic relevant to, but not broached, in that essay. Consequently, we address Blaxit here. As a starting point and for context, we invite you to consider a 2008 paper, “Coming to Africa: Should Black Americans […]
De-Dignification and Economic Exploitation of Black Americans
BlackEconomics.org® Introduction Those knowledgeable of the political economy recognize that US “democracy” is far from pure. BlackEconomics.org has highlighted many times the sway—near total control even—that oligarchs and plutocrats and their enterprises have over the political economy. For example, the airline industry reflects and projects inordinate power. We will discuss this power below as we […]
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