A Different Vision - Vol 2 Race and Public Policy, Volume 2

Since the civil rights movement of the 1960s, research into race relations has tended to focus on political and social inequality rather than the economic impact of racism. "A Different Vision: African-American Economic Thought" redresses this imbalance. It is a landmark two- volume work--the most significant contribution to the study of blacks and economics ever to have been published.
"A Different Vision" brings together for the first time the ideas, philosophies, and interpretations of North America's leading African-American economists. Each of the thirty-five chapters presented in these two volumes focuses on various aspects of the social and economic experiences of African-Americans, past and present. This volume dramatically illustrates that African-American economists do have "a different vision," as it offers the hard, incontrovertible evidence--as no other book has before--that when it comes to economics, race matters, and that economic inequality caused by race has had and continues to have an immense impact in every sphere of African-American life. Volume 1 of "A Different Vision" includes an in-depth discussion of the economics of race and gender; an assessment of the contribution and influence of major African-American economists and economic philosophies, including Booker T. Washington, Abram Harris, and Phyllis Wallis; an examination of racism within the economics profession; and an accessible approach which is free of technical jargon.
Volume 2 offers an analysis of urban poverty; discusses aspects of racial inequality and public policy, including affirmative action, and self-help solutions; examines the theory and method which underlies public policy; andstudies the impact of racism on the socio-economic status of African-Americans.

First published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.

1 PREAMBLE: THE ECONOMIC COST OF DISCRIMINATION AGAINST BLACK AMERICANS Part I Poverty, inequality and public policy 2 MYRDAL’S CUMULATIVE HYPOTHESIS: ITS ANTECEDENTS AND ITS CONTEMPORARY APPLICATIONS 3 GHETTO POVERTY: BLACK PROBLEM OR HARBINGER OF THINGS TO COME? 4 IS THERE A NEW BLACK POVERTY IN AMERICA? LESSONS FROM HISTORY 5 A FRAMEWORK FOR ALLEVIATION OF INNER CITY POVERTY 6 ARE THE CHICKENS COMING HOME TO ROOST? STRATEGIC INVESTMENT IN YOUTH UP-FRONT OR DEBILITATING COST AT THE REAR 7 GOVERNMENT INTERVENTION, ANTI-DISCRIMINATION POLICY, AND THE ECONOMIC STATUS OF AFRICAN AMERICANS 8 IN THE MATTER OF RACE AND HOUSING 9 THE THEORY OF RESTITUTION: THE AFRICAN AMERICAN CASE 10 DONOR POLICIES IN AFRICA: A REVIEW OF THE PAST, A LOOK TO THE FUTURE Part II Historical perspectives on race, economics and social transformation 11 THE EAST AFRICAN COAST DURING THE AGE OF EXPLORATION 12 TRADE AND MARKETS IN PRECOLONIAL WEST AND WEST CENTRAL AFRICA: THE CULTURAL FOUNDATION OF THE AFRICAN AMERICAN BUSINESS TRADITION 13 “OUT OF SIGHT, OUT OF MIND”: THE STRUGGLE OF AFRICAN AMERICAN INTELLECTUALS AGAINST THE INVISIBILITY OF THE SLAVE[RY] TRADE IN WORLD ECONOMIC HISTORY 14 PROMOTING BLACK ENTREPRENEURSHIP AND BUSINESS ENTERPRISE IN ANTEBELLUM AMERICA: THE NATIONAL NEGRO CONVENTION, 1830–60 Part III Theory and method 15 UNRAVELING THE PARADOX OF DEEPENING URBAN INEQUALITY: THEORETICAL UNDERPINNINGS, RESEARCH DESIGN, AND PRELIMINARY FINDINGS FROM A MULTICITY STUDY 16 SOME HETERODOX MODELS OF INEQUALITY IN THE MARKET FOR LABOR POWER 17 A THEORY ON THE EVOLUTION OF BLACK BUSINESS DEVELOPMENT 18 INSTABILITIES AND ECONOMIC GROWTH IN CONTEMPORARY AFRICA: THE ROLE OF EXPORT PRICE INSTABILITY 19 MACROECONOMIC POLICY, CYCLICAL FLUCTUATION, AND INCOME INEQUALITY: SOME COINTEGRATION RESULTS

Thomas D. Boston is Professor of Economics at Georgia Institute of Technology. He is editor of The Review of Black Political Economy. He previously served as a Senior Economist to the Joint Economic Committee of Congress and was President of the National Economic Association. He has lectured and published widely on issues of race and economics.