Race And Economics
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Race And Economics
''Race and Economics'' is a book by Thomas Sowell, in which the author analyzes the relationship between race and wealth in the United States, specifically, that of blacks. The book was initially published by David McKay Company in January 1975. Overview Sowell makes three basic arguments. First, he examines the economic impact of slavery, in the United States, the West Indies, and elsewhere. He distinguishes rural slavery from urban slavery, and circumstances in which blacks so predominated that many economic tasks fell to them of necessity, from circumstances in which blacks were punished for initiative and the development of skills. Next, he compares the economic skills, circumstances, and successes of American blacks, other blacks, Puerto Ricans, Chicanos, Jews, Irish, Italians, Scots, and other ethnic groups. He notes statistical quirks; ''e.g.'', comparisons of per capita income need to be checked against the median age of the groups concerned. The median age of Russians i ...
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Thomas Sowell
Thomas Sowell (; born June 30, 1930) is an American author, economist, political commentator and academic who is a senior fellow at the Hoover Institution. With widely published commentary and books—and as a guest on TV and radio—he became a well-known voice in the American conservative movement and is considered one of the most influential black conservatives. He was a recipient of the National Humanities Medal from President George W. Bush in 2002. Sowell was born in segregated Gastonia, North Carolina, to a poor family, and grew up in Harlem, New York City. Due to poverty and difficulties at home, he dropped out of Stuyvesant High School and worked various odd jobs, eventually serving in the United States Marine Corps during the Korean War. Afterward he took night classes at Howard University and then attended Harvard University, where he graduated '' magna cum laude'' in 1958. He earned a master's degree in economics from Columbia University the next year and a doc ...
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Scot
The Scots ( sco, Scots Fowk; gd, Albannaich) are an ethnic group and nation native to Scotland. Historically, they emerged in the early Middle Ages from an amalgamation of two Celtic-speaking peoples, the Picts and Gaels, who founded the Kingdom of Scotland (or ''Alba'') in the 9th century. In the following two centuries, the Celtic-speaking Cumbrians of Strathclyde and the Germanic-speaking Angles of north Northumbria became part of Scotland. In the High Middle Ages, during the 12th-century Davidian Revolution, small numbers of Norman nobles migrated to the Lowlands. In the 13th century, the Norse-Gaels of the Western Isles became part of Scotland, followed by the Norse of the Northern Isles in the 15th century. In modern usage, "Scottish people" or "Scots" refers to anyone whose linguistic, cultural, family ancestral or genetic origins are from Scotland. The Latin word ''Scoti'' originally referred to the Gaels, but came to describe all inhabitants of Scotland. Consi ...
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Economics Books
Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these elements. Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and be ...
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Books By Thomas Sowell
A book is a medium for recording information in the form of writing or images, typically composed of many pages (made of papyrus, parchment, vellum, or paper) bound together and protected by a cover. The technical term for this physical arrangement is '' codex'' (plural, ''codices''). In the history of hand-held physical supports for extended written compositions or records, the codex replaces its predecessor, the scroll. A single sheet in a codex is a leaf and each side of a leaf is a page. As an intellectual object, a book is prototypically a composition of such great length that it takes a considerable investment of time to compose and still considered as an investment of time to read. In a restricted sense, a book is a self-sufficient section or part of a longer composition, a usage reflecting that, in antiquity, long works had to be written on several scrolls and each scroll had to be identified by the book it contained. Each part of Aristotle's ''Physics'' is called a ...
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1975 Non-fiction Books
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe. Events January * January 1 - Watergate scandal (United States): John N. Mitchell, H. R. Haldeman and John Ehrlichman are found guilty of the Watergate cover-up. * January 2 ** The Federal Rules of Evidence are approved by the United States Congress. ** Bangladesh revolutionary leader Siraj Sikder is killed by police while in custody. ** A bomb blast at Samastipur, Bihar, India, fatally wounds Lalit Narayan Mishra, Minister of Railways. * January 5 – Tasman Bridge disaster: The Tasman Bridge in Hobart, Tasmania, Australia, is struck by the bulk ore carrier , killing 12 people. * January 7 – OPEC agrees to raise crude oil prices by 10%. * January 10–February 9 – The flight of ''Soyuz 17'' with the crew of Georgy Grechko and Aleksei Gubarev aboard the ''Salyut 4'' space station. * January 15 – Alvor Agreement: Portugal an ...
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Clarence Thomas
Clarence Thomas (born June 23, 1948) is an American jurist who serves as an associate justice of the Supreme Court of the United States. He was nominated by President George H. W. Bush to succeed Thurgood Marshall and has served since 1991. After Marshall, Thomas is the second African American to serve on the Court and its longest-serving member since Anthony Kennedy's retirement in 2018. Thomas was born in Pin Point, Georgia. After his father abandoned the family, he was raised by his grandfather in a poor Gullah community near Savannah. Growing up as a devout Catholic, Thomas originally intended to be a priest in the Catholic Church but was frustrated over the church's insufficient attempts to combat racism. He abandoned his aspiration of becoming a clergyman to attend the College of the Holy Cross and, later, Yale Law School, where he was influenced by a number of conservative authors, notably Thomas Sowell, who dramatically shifted his worldview from progressive to ...
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Supreme Court Of The United States
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point of federal law. It also has original jurisdiction over a narrow range of cases, specifically "all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party." The court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Constitution. It is also able to strike down presidential directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. The court may decide cases having political overtones, but has ruled that it does not have power to decide non-justiciable political questions. Established by Article Three of the United States ...
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Conservatism
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in which it appears. In Western culture, conservatives seek to preserve a range of institutions such as organized religion, parliamentary government, and property rights. Conservatives tend to favor institutions and practices that guarantee stability and evolved gradually. Adherents of conservatism often oppose modernism and seek a return to traditional values, though different groups of conservatives may choose different traditional values to preserve. The first established use of the term in a political context originated in 1818 with François-René de Chateaubriand during the period of Bourbon Restoration that sought to roll back the policies of the French Revolution. Historically associated with right-wing politics, the term ha ...
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Extremism
Extremism is "the quality or state of being extreme" or "the advocacy of extreme measures or views". The term is primarily used in a political or religious sense to refer to an ideology that is considered (by the speaker or by some implied shared social consensus) to be far outside the mainstream attitudes of society. It can also be used in an economic context. The term may be used pejoratively by opposing groups, but is also used in academic and journalistic circles in a purely descriptive and non-condemning sense. Extremists' views are typically contrasted with those of moderates. In Western countries for example, in contemporary discourse on Islam or on Islamic political movements, the distinction between extremist and moderate Muslims is commonly stressed. Political agendas perceived as extremist often include those from the far-left politics or far-right politics, as well as radicalism, reactionism, fundamentalism, and fanaticism. Definitions Peter T. Coleman and ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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White Race
White is a racialized classification of people and a skin color specifier, generally used for people of European origin, although the definition can vary depending on context, nationality, and point of view. Description of populations as "White" in reference to their skin color predates this notion and is occasionally found in Greco-Roman ethnography and other ancient or medieval sources, but these societies did not have any notion of a White or pan-European race. The term "White race" or "White people", defined by their light skin among other physical characteristics, entered the major European languages in the later seventeenth century, when the concept of a "unified White" achieve universal acceptance in Europe, in the context of racialized slavery and unequal social status in the European colonies. Scholarship on race distinguishes the modern concept from pre-modern descriptions, which focused on physical complexion rather than race. Prior to the modern era, no European ...
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Russians
, native_name_lang = ru , image = , caption = , population = , popplace = 118 million Russians in the Russian Federation (2002 ''Winkler Prins'' estimate) , region1 = , pop1 = approx. 7,500,000 (including Russian Jews and Russian Germans) , ref1 = , region2 = , pop2 = 7,170,000 (2018) ''including Crimea'' , ref2 = , region3 = , pop3 = 3,512,925 (2020) , ref3 = , region4 = , pop4 = 3,072,756 (2009)(including Russian Jews and Russian Germans) , ref4 = , region5 = , pop5 = 1,800,000 (2010)(Russian ancestry and Russian Germans and Jews) , ref5 = 35,000 (2018)(born in Russia) , region6 = , pop6 = 938,500 (2011)(including Russian Jews) , ref6 = , region7 = , pop7 = 809,530 (2019) , ref7 ...
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