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Race & Economics: How Much Can Be Blamed On Discrimination? (2011)

by Walter E. Williams(Favorite Author)

4.1 of 5 Votes: 1

ISBN

0817912444 (ISBN13: 9780817912444)

languge

English

genre

Nonfiction

publisher

Hoover Institution Press

review 1: Starting from the position that deregulation and maximally-free markets are best for all, this is probably the book that would emerge. Williams pays a lot of attention to unions and occupational certification and licensure as the instruments of race-based economic oppression and to the side-work and business ventures of slaves in the U.S., but the specificity and frequently anecdotal nature of the supporting evidence he produces gives a sense of scraping toward the counterfactual. Few readers' opinions will be changed by this book.
review 2: A very interesting look at the history of African Americans and the economic successes and failures (mainly in the early 20th century). Main thesis is the free market punishes discrimination due to the ability to hire low... more-skilled workers for less. Strong emphasis on the effect of minimum wage, licensing and unions as detrimental to the economic success of African Americans (and were often openly racist in the early 20th century).Sees the issues of poverty in the African American community as the symptoms of low-skilled workers in a highly regulated market, not due to racism. less

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