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Titlebook: Race, Markets, and Social Outcomes; Patrick L. Mason (Associate Professor of Economics Book 1997 Springer Science+Business Media New York

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书目名称Race, Markets, and Social Outcomes
编辑Patrick L. Mason (Associate Professor of Economics
视频video
丛书名称Recent Economic Thought
图书封面Titlebook: Race, Markets, and Social Outcomes;  Patrick L. Mason (Associate Professor of Economics Book 1997 Springer Science+Business Media New York
描述THE JANUS-FACE OF RACE: REFLEC- TIONS ON ECONOMIC THEORY Patrick L. Mason and Rhonda Williams Many economists are willing to accept that race is a significant factor in US eco­ nomic and social affairs. Yet the professional literature displays a peculiar schizo­ phrenia when faced with the task of actually formulating what race means and how race works in our political economy. On the one hand, race matters when the dis­ cussion is focused on anti-social behavior, social choices, and undesired market outcomes. Inexplicably, African Americans are more likely to prefer welfare, lower labor force participation, and unemployment. On the other hand, race does not matter when the subject of discussion is economically productive or socially accept­ able activities and legal market choices (for example, wages and employment). This Janus-faced construction of race is maintained by economists‘ stubborn ad­ herence to the market power hypothesis. The market power hypothesis asserts that racial discrimination and market competition are inversely correlated. Discrimina­ tory behavior will persist only in those sectors of society where the competitive forces of the market are least operative. Wh
出版日期Book 1997
关键词care; competition; economics; employment; entrepreneur; entrepreneurship; health; health care; inequality; in
版次1
doihttps://doi.org/10.1007/978-1-4615-6157-6
isbn_softcover978-1-4613-7822-8
isbn_ebook978-1-4615-6157-6Series ISSN 0924-199X
issn_series 0924-199X
copyrightSpringer Science+Business Media New York 1997
The information of publication is updating

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