It is especially painful for me, as an economist, to see that two small cities in northern California — San …
Read More »Solving Fiscal Crises Through Personal Ownership
I participated in a conference last week in Grand Rapids, Michigan, sponsored by the Western Michigan Policy Forum. The focus …
Read More »Free Markets Have Little Respect for Race
I was invited, along with several other American professors, to deliver lectures at South Africa’s University of the Witwatersrand in …
Read More »Can We Close The Black Economic Gap?
After watching part of the presidential debate; I asked myself that question. While the economy has recovered significantly from the …
Read More »What the Media, Academics, and Politicians Get Wrong About Income Statistics — And Why It Matters
Mark Twain famously said that there were three kinds of lies — “lies, damned lies, and statistics.” Since this is …
Read More »Economic Conspiracies That Work Against Blacks
A general economic principle is that any law or regulation that restricts market entry tends to impose the greatest burden …
Read More »Compensating Differences
What economists call an ability to make “compensating differences” is a valuable tool in everyone’s arsenal. If people are prohibited …
Read More »USA Needs More Entrepreneurs, Not More Bureaucrats
Uber, the ride-hailing company, founded in 2009, began operations in San Francisco in 2011, and now has a presence in …
Read More »Black American’s Power to Influence Elections and Economically Self-Determine Our Future Continues to Decline
According to the National Vital Statistics Report, Vol. 64, No. 1 dated January 15, 2015, the Total Fertility Rate for …
Read More »More Robots and Kiosks in a $15 Minimum-Wage Future?
A basic economic premise holds that when the price of something rises, people seek to economize on its use. They …
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