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Racial and Ethnic Economic Inequality

Racial and Ethnic Economic Inequality
Author: Samuel L. Myers
Publisher: Peter Lang
Total Pages: 230
Release: 2006
Genre: Business & Economics
ISBN: 9780820456560

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In a world where racial tensions and racial and ethnic inequality seem to be increasing, it is instructive to look back over the decade of the 1990s to examine what academic researchers have had to say about the global nature of race, racism, and racial inequality. Almost every country with a multiethnic population faces these problems. This collection of essays provides an eclectic but accessible mix of readings on perspectives from such countries as Australia, Russia, France, Chile, West Africa, India, and the United States. Emphasis is placed on positive strategies to help reduce or eliminate economic inequality. The implications for the demise of affirmative action programs are also discussed. Pre-dating the United Nation's World Conference on Racism, the readings anticipate many of the recommendations and insights that have now come to be the core of international strategies. This collection will prove valuable to all those concerned with ending racism and achieving racial and ethnic economic equality.


The Dynamics of Racial Progress

The Dynamics of Racial Progress
Author: Antoine L. Joseph
Publisher: Routledge
Total Pages: 248
Release: 2016-07-22
Genre: History
ISBN: 1315498073

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Race relations in the United States have long been volatile - marked on the one hand by distrust and violence, but tempered on the other by periods of conciliation, integration and relative harmony. This path-breaking blend of history, sociology, political science and economics argues that the key factor determining the quality of race relations is economic: When economic equality spreads so do social and political equality. Conversely, economic downturns and widening income disparities promote political inequality, polarizing blacks and whites. To support this provocative thesis the author examines key events and eras in American history since the Reconstruction - particularly the black migration and the New Deal policies of the interwar years, the civil rights movement of the 1950s and 60s, and the rise and decline of affirmative action in the late twentieth century. He also analyzes the racial policies and politics of the major political parties and shows how they "played the race card" to win support.


Communities in Action

Communities in Action
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 583
Release: 2017-04-27
Genre: Medical
ISBN: 0309452961

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In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.


Heterogeneity and Persistence in Returns to Wealth

Heterogeneity and Persistence in Returns to Wealth
Author: Andreas Fagereng
Publisher: International Monetary Fund
Total Pages: 69
Release: 2018-07-27
Genre: Business & Economics
ISBN: 1484370066

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We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their financial assets (a standard deviation of 14%) and on their net worth (a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the return by 3 percentage points - and by 17 percentage points when the same exercise is performed for the return to net worth. Fourth, wealth returns exhibit substantial persistence over time. We argue that while this persistence partly reflects stable differences in risk exposure and assets scale, it also reflects persistent heterogeneity in sophistication and financial information, as well as entrepreneurial talent. Finally, wealth returns are (mildly) correlated across generations. We discuss the implications of these findings for several strands of the wealth inequality debate.


Persistent Disparity

Persistent Disparity
Author: William A. Darity
Publisher: Edward Elgar Publishing
Total Pages: 216
Release: 1998
Genre: Business & Economics
ISBN:

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The authors assess the extent of black economic progress in the U.S. since World War II and forecast the development of the black-white income gap into the 21st century. Competing explanatory theories for the gap are examined and ameliorative policies are explored. They conclude that current policies will be insufficient to close the gap in the future. Annotation copyrighted by Book News, Inc., Portland, OR


Inequality in America

Inequality in America
Author: Stephen M. Caliendo
Publisher: Routledge
Total Pages: 265
Release: 2018-05-15
Genre: Political Science
ISBN: 0429975171

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Why does inequality have such a hold on American society and public policy? And what can we, as citizens, do about it? Inequality in America takes an in-depth look at race, class and gender-based inequality, across a wide range of issues from housing and education to crime, employment and health. Caliendo explores how individual attitudes can affect public opinion and lawmakers' policy solutions. He also illustrates how these policies result in systemic barriers to advancement that often then contribute to individual perceptions. This cycle of disadvantage and advantage can be difficult-though not impossible-to break. "Representing" and "What Can I Do?" feature boxes throughout the book highlight key public figures who have worked to combat inequality and encourage students to take action to do the same. The second edition has been thoroughly revised to include the most current data and to cover recent issues and events like the 2016 elections and the Black Lives Matter movement. It now also includes a brand-new chapter on crime and criminal justice and an expanded discussion of immigration. Concise and accessible, Inequality in America paves the way for students to think critically about the attitudes, behaviors and structures of inequality.


Black Wealth, White Wealth

Black Wealth, White Wealth
Author: Melvin L. Oliver
Publisher: Taylor & Francis
Total Pages: 356
Release: 2006
Genre: Business & Economics
ISBN: 0415951674

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The authors analyse wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and show how public policies fail to redress this problem.


The Economics of Race in the United States

The Economics of Race in the United States
Author: Brendan O'Flaherty
Publisher: Harvard University Press
Total Pages: 491
Release: 2015-06-08
Genre: Business & Economics
ISBN: 0674368185

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Brendan O’Flaherty brings the tools of economic analysis—incentives, equilibrium, optimization—to bear on racial issues. From health care, housing, and education, to employment, wealth, and crime, he shows how racial differences powerfully determine American lives, and how progress in one area is often constrained by diminishing returns in another.


Race Neutrality

Race Neutrality
Author: Samuel L. Myers
Publisher: Rowman & Littlefield
Total Pages: 215
Release: 2018-10-15
Genre: Political Science
ISBN: 0739185624

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There are wide racial disparities in virtually every sphere of economic life. African American workers earn less than whites. They are more likely to be denied loans than whites. Minority-owned businesses are less likely to win lucrative bids on state and federal contracts than are white male owned businesses. Black children are more likely than whites to be reported to child protective services for neglect or abuse. There are even huge disparities in downing rates between blacks and whites. What to do about these disparities? There is a fundamental disagreement about the appropriate remedies to these varied indicators of racial inequality. Part of the disagreement stems from differences in public perceptions about the underlying causes of the inequality. But, another form of disagreement relates to the opposition to the remedy of choice during much of the 1970s and 1980s: Affirmative Action. Race conscious remedies -- like affirmative action policies in hiring, college admissions, and business contracting -- suffer from legal and constitutional challenges, compounded by hostility from the majority of Americans. The alternative – race-neutral remedies – attempt to address racial disparities without directly targeting benefits exclusively to racial minority group members. In doing so, race-neutral remedies putatively help minorities without hurting majority group members. The authors of Race Neutrality: Rationalizing Remedies to Racial Inequality make the case that policy analysts should shift from a focus on whether a remedy is race-conscious or not to a focus on the underlying problem that the alternative remedies is attempting to resolve. This type of rethinking of the problem of racial inequality will reveal that sometimes race-neutral remedies hold great promise in reducing disparities. Often, however, race-neutral remedies fail to do what they are intended to do. The authors challenge the reader to think about why race-neutral remedies—while desireable on their face—might fail to resolve protracted and persistent patterns of racial inequality in market and non-market contexts.


The Colors of Poverty

The Colors of Poverty
Author: Ann Chih Lin
Publisher: Russell Sage Foundation
Total Pages: 345
Release: 2010-09
Genre: Business & Economics
ISBN: 0871545403

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Given the increasing diversity of the nation—particularly with respect to its growing Hispanic and Asian populations—why does racial and ethnic difference so often lead to disadvantage? In The Colors of Poverty, a multidisciplinary group of experts provides a breakthrough analysis of the complex mechanisms that connect poverty and race. The Colors of Poverty reframes the debate over the causes of minority poverty by emphasizing the cumulative effects of disadvantage in perpetuating poverty across generations. The contributors consider a kaleidoscope of factors that contribute to widening racial gaps, including education, racial discrimination, social capital, immigration, and incarceration. Michèle Lamont and Mario Small grapple with the theoretical ambiguities of existing cultural explanations for poverty disparities. They argue that culture and structure are not competing explanations for poverty, but rather collaborate to produce disparities. Looking at how attitudes and beliefs exacerbate racial stratification, social psychologist Heather Bullock links the rise of inequality in the United States to an increase in public tolerance for disparity. She suggests that the American ethos of rugged individualism and meritocracy erodes support for antipoverty programs and reinforces the belief that people are responsible for their own poverty. Sociologists Darren Wheelock and Christopher Uggen focus on the collateral consequences of incarceration in exacerbating racial disparities and are the first to propose a link between legislation that blocks former drug felons from obtaining federal aid for higher education and the black/white educational attainment gap. Joe Soss and Sanford Schram argue that the increasingly decentralized and discretionary nature of state welfare programs allows for different treatment of racial groups, even when such policies are touted as "race-neutral." They find that states with more blacks and Hispanics on welfare rolls are consistently more likely to impose lifetime limits, caps on benefits for mothers with children, and stricter sanctions. The Colors of Poverty is a comprehensive and evocative introduction to the dynamics of race and inequality. The research in this landmark volume moves scholarship on inequality beyond a simple black-white paradigm, beyond the search for a single cause of poverty, and beyond the promise of one "magic bullet" solution. A Volume in the National Poverty Center Series on Poverty and Public Policy