Leading Issues in Black Political Economy

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Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution...

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Overview

Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution in American society. The highlights of Leading Issues include "An Employment and Business Strategy for the Next Century: A Comment," by Thomas D. Boston; "Long Term Trends and Prospects for Black-owned Business," by Andrew F. Brimmer; "Is the U.S. Small Business Administration a Racist Institution?" by Timothy Bates; "Worker Re-Training and Labor Market Outcomes: A New Focus for Labor Research," by James B. Stewart; "Race, Cognitive Skills, Psychological Capital, and Wages," by Arthur H. Goldsmith, William Darity, Jr., and Jonathan R. Veum; and "Reparations and Public Policy," by Richard F. America. The overall findings suggest that empirical wage equation specifications do matter. The role of psychological capital is critical in the marketplace. Race is indeed an important determinant of wages-especially when the influence of both cognitive skills and psychological capital are included in the wage equation. This volume will be of crucial interest to economists, political scientists, sociologists, and policy analysts studying African-American life. Thomas D. Boston is editor of the Review of Black Political Economy and professor of economics at the Georgia Institute of Technology. He is the co-editor, with Catherine L. Ross, of The Inner City: Urban Poverty and Economic Development in the Next Century, also available from Transaction.

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Editorial Reviews

From the Publisher

"The essays contained in this volume were written for the 25th anniversary issue of the Review of Black Political Economy. . . . They are a diverse lot, more so than one will find in almost any other edited volume of social science scholarship. . . . There is much in this volume to celebrate. . . . [The] contributions are genuinely outstanding. . . . [A] provocative analysis of a contemporary issue, written in a relatively jargon-free manner, and the analysis is tied to pressing public policy concerns."

—Timothy Bates, Contemporary Sociology

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Product Details

  • ISBN-13: 9780765807595
  • Publisher: Transaction Publishers
  • Publication date: 12/24/2001
  • Pages: 516
  • Product dimensions: 5.90 (w) x 8.90 (h) x 1.20 (d)

Table of Contents

Dedication
Preface
1 Introduction and Overview 1
2 The Declining Social and Economic Fortunes of African American Males: A Critical Assessment of Four Perspectives 15
3 Economics Research at Historically Black Colleges and Universities: Rankings and Effects on the Supply of Black Economists 39
4 Worker Re-training and Labor Market Outcomes: A New Focus for Labor Research Published in The Review of Black Political Economy 53
5 Employment and Training Solutions for the Economically Disadvantaged: An Essay 75
6 Long-Term Trends and Prospects for Black-Owned Businesses 85
7 Minority Business Formation and Survival: Evidence on Business Performance and Viability 103
8 What Determines Exports of Black-Owned Enterprises? 139
9 Is the U.S. Small Business Administration a Racist Institution? 155
10 Race, Cognitive Skills, Psychological Capital and Wages 173
11 Determinants of Regional Income Distribution in the U.S. South, 1980-1990: Roles of Net Migration and Human Capital Accumulation 187
12 Assessing the Effect of the Occupational Crowding of Immigrants on the Real Wages of African American Workers 201
13 On the Permanence or Impermanence of Black-White Economic Inequality 211
14 The Shadow of the Future and the Complexity of Cooperation 221
15 W.E.B. DuBois As Economic Analyst: Reflections on the 100th Anniversary of the Philadelphia Negro 241
16 No More Servants in the House 261
17 The Economics of Racism 279
18 Reparations and Public Policy 305
19 21st Century Pollination: Federal Housing and Health Policies 315
20 Black Infant Health: Where to in the 21st Century? 331
21 Economic Community of West African States: From a Economic Union to a Peacekeeping Mission? 357
22 Development Prospects and Policy for Africa: Structural Adjustment and Beyond 377
23 How Does It Feel to be Free?: Reflections on Black-White Economic Inequality in the Era of "Color-Blind" Law 397
24 Is There Discrimination in Mortgage Lending? What Does the Research Tell Us? 411
25 Another Look at Mortgage Lending Discrimination: A Review of Findings 419
26 Black Male Employment and Tight Labor Markets 441
27 Cooperative Economics - A Community Revitalization Strategy 457
28 Minority Procurement: Beyond Affirmative Action to Economic Empowerment 483
Profile of the Contributors 509
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