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, […]
Communication
BlackEconomics.org® In an April 2023 analysis brief, “Economics Before Education?,” BlackEconomics.org established that “knowledge” is the most important “thing” in the universe. This commentary is to suggest that “communication” must rank very high on the list of important things. Obviously, it is critical that we communicate important knowledge so that wo/man can continue existence on […]
Rejoice!!!
BlackEconomics.org® Yesterday’s Supreme Court of the US (SCOTUS) Affirmative Action (AA) decision should mark a day of great rejoicing in Black America’s future! Behind a veil of ignorance and in perpetual fear of loss of life, Black America has suffered through the most horrendous hellicost of any people in known human history. Our American experience […]
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 […]
Should We Believe the NYT on Reading Education?
BlackEconomics.org® We begin this brief essay with Table 1 from the US Department of Education’s National Assessment of Educational Progress (NAEP). Table 1 tracks average 4th grade reading scores for Black and all Mississippi students and for the nation. We bring these statistics to your attention because the New York Times (NYT) published an opinion […]
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 […]
A GD Saturday Can Kickstart Reparations
BlackEconomics.org® Black Americans, who believe that Repara-tions are due, know that there are numerous efforts afoot to secure Reparations in one form or another. Presumably, we can agree that a more unified strategy should enable us to experience more success in wresting Reparations from the prevailing system of things. This brief essay will provide an […]
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