Tuesday, April 26, 2011

"Race and Economics"

By Thomas Sowell

"None of this is explainable by what most people believe or say in the media or in academia. But it is perfectly consistent with the economics of the marketplace and the consequences of political interventions in the marketplace.

"Race and Economics" explains how such interventions impact blacks and other minorities, whether in housing markets, the railroad industry or the licensing of taxicabs— and irrespective of the intentions behind the government's actions."

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