BlackEconomics.org® The topic-question of this essay is more provocative than you might believe. It goes beyond the type of goals imposed on the U.S. Federal Reserve Board (FRB; an institutional unit charged with managing the U.S. economy) by the U.S. President and Congress. For example, the FRB’s “dual mandate” is to ensure maximum employment […]
Headline Thoughts #10: Turning Points
BlackEconomics.org® This “Headline Thoughts” is unlike any other. We dispense with our usual formalness and present raw issues in raw form. These are not “headlines” per se. Rather, they are haunting thoughts about turning points that are on our mind. We believe that they should be on your mind, which motivated our production of this […]
‘Durability’ and Failure to Produce Black American (Afrodescendant) Success
BlackEconomics.org® “Durability” is the operative term in the topic for this essay. But it is critical that we clarify the type of “durability” involved. We will let the “cat out of the bag” up front and then reveal the reasoning as we received it. The political economy and public choice literature is definitive on our […]
Why We Need Our Own
BlackEconomics.org® Our great and late historian, Prof. John Henrick Clarke, reminded us of an important reason why native-born Black Americans (Afrodescendants) are often outperformed in certain socioeconomic categories by immigrant African People from the Continent, the Caribbean, other parts of the Americas, and elsewhere. His reasoning was that these African immigrants are former citizens of […]
An Expanded Meta-Analysis of Black American (Afrodescendant) Plans
BlackEconomics.org® Analysis Brief By Brooks B. Robinson, Ph.D. Introduction A Long-Term Strategic Plan (LTSP) Panel assembled in early 2022 to prepare for the first time a Long-Term Strategic Plan for Black America (LTSPFBA).i As part of the plan, the LTSP Panel considered readily available plans that were already prepared for Black Americans’ (Afrodescendants’) future and […]
A New View on How Black Americans (Afrodescendants) Lose the U.S. Economic Game
BlackEconomics.org® Analysis Brief By Brooks B. Robinson, Ph.D. Acknowledgements To all poor and disadvantaged U.S. and global households that are excluded from the circle of privilege and without knowledge of how to not only survive, but to flourish. Introduction Black Americans (Afrodscendants) are characterized often as losers in the U.S. economic game, and a rich […]
Cyborgism and Black America’s Economic Future
BlackEconomics.org® How familiar are you with cyborgism; that is, the integration of biological and electronic apparatuses into a living organism? All of us are familiar with robots of the simple and human-like kind that appear in everyday life and in media, and we are also familiar with cyborgs that are portrayed as part human and […]
Addressing the Negative Multifactor Productivity Conundrum: Elevating Black Americans’ Contributions to US Productivity
BlackEconomics.org® Working Paper There is No Full Accounting for Homo Economicus (HE)—Especially Black HE By Brooks Robinson, Ph.D. Abstract* This working paper suggests that, if the growth in real (human animate) materials (M) factor inputs is reduced sufficiently through appropriate quality adjustment (using appropriate quality indicators), then it is possible that estimated negative multifactor productivity […]
Rejecting Known Truths
BlackEconomics.org® Why do humans reject truths that are very well known? Perhaps it is because of “self-preservation is the first law of nature” principles. However, the just-given response reflects duality. When considering it systematically, we discover that certain “self-preservation” principles/actions can prove to be not self-preserving at all. For example, if one ignites a forest […]
Economic What Ifs: Premature Deaths of Actual and a Failure to Materialize Hypothetical Black Personalities
BlackEconomics.org® Introduction For a couple of months now, the subject topic has been on our mind. The initial thought was to only deal with the first half of the topic: Premature deaths of important Black personalities in our history. However, we must never forget that if we focus on the past, then we risk living […]
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