Black Youth Unemployment Before Democrats Started “Helping”

Black Youth Unemployment Before Democrats Started “Helping”

by | May 13, 2023 |

Although most people are familiar with more recent statistics on black youth unemployment, not many are aware of the black/white statistics for earlier periods. Table 3.2 (below) shows that in 1948, the two were roughly equal. For that year, blacks aged sixteen to seventeen had an unemployment rate that was less than whites of the same age-9.4 percent compared to a 10.2 percent. During the same period (until the mid-1960s), Table 3.3 shows that black youths generally were either just as active as whites in the labor force or more so. Since the '60s, both the labor-force participation rate...

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Political Discrimination vs. Market Discrimination – Walter E. Williams

Political Discrimination vs. Market Discrimination – Walter E. Williams

by | May 6, 2023 |

Gross racial discrimination alone has never been sufficient to prevent blacks from earning a living and bettering themselves by working as skilled or unskilled craftsmen and as business owners, accumulating considerable wealth. The fact that whites sought out blacks as artisans and workers, while patronizing black businesses, can hardly be said to be a result of white enlightenment. A far better explanation: market forces at work.   The relative color blindness of the market accounts for much of the hostility towards it. Markets have a notorious lack of respect for privilege, race, and...

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The Democratic Policy Which Keeps Poor People Poor – Walter E. Williams

The Democratic Policy Which Keeps Poor People Poor – Walter E. Williams

by | Apr 30, 2023 |

To criticize occupational licensing laws is not to argue that information about the quality of a licensee's services is not important to consumers. However, it is by no means clear that licensing is the most effective way to provide that information. Indeed, licensing may lower the "received" quality of the service in question. By making entry costs higher, there are fewer practitioners, which, as noted above, increases the cost of the service rendered and leads some consumers to resort to do-it-yourself methods that generally results in a lower-quality end product. For example, even the...

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How Economic Regulation Hurts the Poor – Walter E. Williams

How Economic Regulation Hurts the Poor – Walter E. Williams

by | Apr 29, 2023 |

In the name of protecting public health, California requires that an individual who seeks to perform any kind of hairstyling service must complete nine months (1,600 hours) of classes at a state-approved cosmetology school, at a tuition cost of at least $5,000, before taking the state licensing examination. This regimen is required even though the school curriculum and the exam bear little or no relation to the kind of services rendered by African hairstylists....   Restricted entry through licensing places disadvantaged people at a severe handicap without necessarily improving the...

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10 Lessons From ‘Churchill, Hitler, and the Unnecessary War’ (feat. James Corbett)

10 Lessons From ‘Churchill, Hitler, and the Unnecessary War’ (feat. James Corbett)

by | Apr 24, 2023 | ,

https://youtu.be/sLgCnoz7IBM On Sept. 1, 1939, 70 years ago, the German Army crossed the Polish frontier. On Sept. 3, Britain declared war. Six years later, 50 million Christians and Jews had perished. Britain was broken and bankrupt, Germany a smoldering ruin. Europe had served as the site of the most murderous combat known to man, and civilians had suffered worse horrors than the soldiers. By May 1945, Red Army hordes occupied all the great capitals of Central Europe: Vienna, Prague, Budapest, Berlin. A hundred million Christians were under the heel of the most barbarous tyranny in...

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How the Divine Right of Kings Scam Was Pulled Off

How the Divine Right of Kings Scam Was Pulled Off

by | Apr 23, 2023 |

https://youtu.be/0MY12U37IVA In order for the state to function, the mass of the people has to believe in its legitimacy. To that end, the state employs a class of professional apologists and controls the means of propaganda, often through dominance of the education system. The task of the State apologist is “...to convince the public that what the State does is not... crime on a gigantic scale, but something necessary and vital that must be supported and obeyed.” In return for their services, the apologists are rewarded with power and status and allowed to share in the booty obtained from...

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