Leading Issues in Black Political Economy

Taking account of new economic circumstances, Leading Issues in Black Political Economy brings together the foremost experts on issues ranging from employment, training, and education of African Americans. It also emphasizes macro-economic concerns of business development with special emphasis on long-term trends of black-owned businesses. The work emphasizes welfare considerations in an anti-welfare epoch, and the role of affirmative action now that it is under attack. Attention is given to the role of race in the continuing disparity of income distribution in American society.The highlights of Leading Issues include "An Employment and Business Strategy for the Next Century: A Comment", by Thomas D. Boston; "Long Term Trends and Prospects for Black-owned Business", by Andrew F. Brimmer; "Is the U.S. Small Business Administration a Racist Institution?" by Timothy Bates; "Worker Re-Training and Labor Market Outcomes: A New Focus for Labor Research", by James B. Stewart; "Race, Cognitive Skills,Psychological Capital, and Wages", by Arthur H. Goldsmith, William Darity, Jr., and Jonathan R. Veum; and "Reparations and Public Policy", by Richard F. America.The overall findings suggest that empirical wage equation specifications do matter. The role of psychological capital is critical in the marketplace. Race is indeed an important determinant of wages -- especially when the influence of both cognitive skills and psychological capital are included in the wage equation. This volume will be of crucial interest to economists, political scientists, sociologists, and policy analysts studying African-American life.

Dedication	p. v
Preface	p. xi
Introduction and Overview	p. 1
Employment, Training and Education
The Declining Social and Economic Fortunes of African American Males: A Critical Assessment of Four Perspectives	p. 15
Economics Research at Historically Black Colleges and Universities: Rankings and Effects on the Supply of Black Economists	p. 39
Worker Re-training and Labor Market Outcomes: A New Focus for Labor Research Published in The Review of Black Political Economy	p. 53
Employment and Training Solutions for the Economically Disadvantaged: An Essay	p. 75
Minority Business Development
Long-Term Trends and Prospects for Black-Owned Businesses	p. 85
Minority Business Formation and Survival: Evidence on Business Performance and Viability	p. 103
What Determines Exports of Black-Owned Enterprises?	p. 139
Is the U.S. Small Business Administration a Racist Institution?	p. 155
Income Inequality
Race, Cognitive Skills, Psychological Capital and Wages	p. 173
Determinants of Regional Income Distribution in the U.S. South, 1980-1990: Roles of Net Migration and Human Capital Accumulation	p. 187
Assessing the Effect of the Occupational Crowding of Immigrants on the Real Wages of African American Workers	p. 201
On the Permanence or Impermanence of Black-White Economic Inequality	p. 211
The Shadow of the Future and the Complexity of Cooperation	p. 221
Economic History and Public Policy
W.E.B. DuBois As Economic Analyst: Reflections on the 100th Anniversary of the Philadelphia Negro	p. 241
No More Servants in the House	p. 261
The Economics of Racism	p. 279
Reparations and Public Policy	p. 305
Health, Welfare and Development
21st Century Pollination: Federal Housing and Health Policies	p. 315
Black Infant Health: Where to in the 21st Century?	p. 331
Economic Community of West African States: From an Economic Union to a Peacekeeping Mission?	p. 357
Development Prospects and Policy for Africa: Structural Adjustment and Beyond	p. 377
Discrimination, Affirmative Action and Public Policy
How Does It Feel to be Free?: Reflections on Black-White Economic Inequality in the Era of "Color-Blind" Law	p. 397
Is There Discrimination in Mortgage Lending? What Does the Research Tell Us?	p. 411
Another Look at Mortgage Lending Discrimination: A Review of Findings	p. 419
Black Male Employment and Tight Labor Markets	p. 441
Cooperative Economics--A Community Revitalization Strategy	p. 457
Minority Procurement: Beyond Affirmative Action to Economic Empowerment	p. 483
Profile of the Contributors	p. 509
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Leading Issues in Black Political Economy

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