The Anatomy of Racial InequalitySpeaking wisely and provocatively about the political economy of race, Glenn C. Loury has become one of our most prominent black intellectuals—and, because of his challenges to the orthodoxies of both left and right, one of the most controversial. A major statement of a position developed over the past decade, this book both epitomizes and explains Loury’s understanding of the depressed conditions of so much of black society today—and the origins, consequences, and implications for the future of these conditions. |
From inside the book
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... employers will conclude about him when he seeks work ) ; and 3. a resulting convention ( economists call this an “ equilibrium ” ) in which mutually confirming beliefs and behaviors emerge out of this interaction ( the employer's ...
... employers have the option of terminating a worker during the training period , and suppose they find it much more difficult to do so later on . Then employers will set a lower threshold for blacks than for other employees on the number ...
... employers hire from a common labor pool and use " race " as an indicator of likely worker reliabil- ity . Examples of monopolistic observing situations include a police department setting policy about how its officers should conduct ...