BlackEconomics.org® Background Race has always been a salient dilemma for the American society. Scholars, politicians, and laypersons alike continue to analyze race and racism. Sometimes, we bypass consideration of race and focus on racism and how to halt it. But to purge racism from society, one must fully comprehend its root causes. At BlackEconomics.org, we […]
Providing Retirement Benefits for Descendants of Former Slave Masters
BlackEconomics.org® The Black American predicament today is largely the result of the Trans-Atlantic Slave Trade, our subsequent unwarranted imprisonment, and our forced “slave” labor. It is understandable that, while at the end of gun barrel, we would toil to support those with the power to permit or snuff out life. However, nearly 160 years later, […]
Begging for Everything Except Salvation
BlackEconomics.org® A “Recreation, Religion, and Culture” Common Country Analysis in the newly released and free digital publication, Long-Term Strategic Plan for Black America, includes a discussion concerning the absence of transparency for important Black religious and nonprofit organizations. There is historical evidence that certain important Black organizations operated expressly in our interest—at least at one […]
Can Black Americans Afford College?
BlackEconomics.org® There is considerable and widely acknowledged evidence that a college education can provide a favorable return on investment—especially for those who pursue certain scholarly fields. Also, there is evidence that certain Black Americans perform below academic standards at elementary and secondary school levels. These students, in large measure, would find it difficult to […]
Time to Search Ourselves
BlackEconomics.org® Do you know who you are? Really? Consider these questions in the context of an unexpected surge in Black American and global interest in Reparations. This analysis considers these questions in in light of a new 2023 book edited by Darity, Mullen, and Hubbard, The Black Reparations Project: A Handbook for Racial Justice. BlackEconomics.org […]
Asking Why
BlackEconomics.org® This commentary is light reading for a summer Saturday or Sunday morning or afternoon. It is to remind us of the logic of life and to recognize that, if Black America defies life’s logic, then we cannot expect favorable and beneficial outcomes. We begin by agreeing on a fundamental fact. A question that can […]
Reparations and the Contributions of Lazy Economists
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 […]
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, […]
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 […]
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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