BlackEconomics.org® Physical relocations typically come with different state and local government tax structures and provision of public goods and services. Given the advanced state of the US economy, does it not seem logical that experts would identify an ideal level of public sector output that could serve as the gold standard for all state and […]
The New Political Economy of the Black Vote
BlackEconomics.org® The brief analysis that we released on June 21, 2024, included a reminder from Malcolm X (aka El-Hajj Malik El-Shabazz) that northern and southern Whites (non-Blacks) are the same. They have a common agenda—to ensure their continued domination of Black Americans. No one wants to be at the bottom of the socioeconomic hierarchy. However, […]
Then or Now
BlackEconomics.org® In our world aswirl with small wars, skirmishes, rumors of wars, and increasing prospects for widening military conflict, it is not irrational to think the “unthinkable.” By “unthinkable” is meant there could be violent conflict on US soil. Believe it or not, the media and its controlling interests appear determined to pit “conservatives” (Republicans) […]
The Gift that Keeps on Giving: Black America’s RDIS
BlackEconomics.org® In a White Supremacist world, it is expected that efforts would have been undertaken to influence Black Americans to believe that we had little-to-no power—especially economic power. Then “spending power” (now thought to be approaching $2.0 trillion) emerged as a counter claim to our powerlessness. More recently during the Covid-19 Pandemic, several submissions appeared […]
Comprehending Context Fully
BlackEconomics.org® Introduction To know, to know fully, implies that correct action is possible in response to what is known. In Black America’s case, there is widespread and general knowledge of our “condition”—statistics even—on many fronts. This “knowledge” begs the question: Why do we not do more to improve our condition? The latter question sheds light […]
Stop Coloring Within the Lines: Don’t Miss Oppenheimer’s Messages
BlackEconomics.org® One of our most vivid memories of early elementary school is being pleasantly exuberant about having crayon colored a map of the African Continent, only to be told that the effort was subpar because there was “coloring outside the lines.” At a later point, there was a seemingly applauding comment by a teacher’s assessment […]
From 100 to 66 in 60 Years
BlackEconomics.org® Risk lovers among us may be partial to “2 second cars” that accelerate from 0 mph to 60 mph in just 2 seconds. During our 1960s youth, we were thrilled and felt chills just walking alongside the driver side of a Chevrolet Corvette, Ford Thunderbird, or Buick Riviera and viewing the first speedometers of […]
The Irrelevance of Adam Smith’s TMS
BlackEconomics.org® An especially important European philosopher-economist (the so-called “Father of Economics”), Adam Smith (1723 – 1790), is introduced to economics students early in their study. No doubt, his contributions to knowledge about economics are foundational, extraordinary, and indelible. His theoretical elaborations of the “market,” the “invisible hand” concept, “value,” “price,” “saving and investment,” and “growth” […]
Third Annual National Black Cleanup Day on May 25
The Third annual NATIONAL BLACK CLEANUP DAY (NBCD) WILL occur on May 25, 2024. The goal of the NBCD is to institutionalize the concept of pristine black communities across the length and breadth of America. This is an initiative that is long overdue. While we are in constant search for solutions to the myriad problems […]
The PBC and You
BlackEconomics.org® What is the PBC? Economist and 2018 Nobel Laureate William Nordhaus is an early theorizer about the political business cycle (PBC), which he concluded arises because “voters care about the economy and politicians care about power.”(1) The notion is that politicians will act to ensure favorable conditions (especially economic conditions) leading up to elections […]
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