blackonomics Category Archives
Happy New Year!
In the financial world, I don’t know anyone who was not eager to kiss 2008 goodbye. It was a tumultuous year, one frequented by reactive behavior. Reacting to failure a la Lehman Brothers…reacting to fraud as per Bernie Madoff…I could go on about the economic ills of the year all day long, […]
Friday morning I was watching the news and heard a market reporter say that the stock market favors Senator Barack Obama for President.
Since the biggest McCain talking point about Obama is that he’s going to raise taxes, I wondered why the reporter would say such a thing. He claimed that when markets are down in the few months […]
Tomorrow (Friday), Rev. Al Sharpton and other Black leaders are asking blacks to participate in a National “Blackout.” They are urging blacks to refrain from spending money at white-owned businesses for one whole day.
But as a Black college student attending an 85-percent white school, I know finding strictly black-owned stores to patronize tomorrow will be quite […]
Happy Black History Month yall! For us here at Blackademics, every month is Black History month, but I thought for February, I would grace yall with an extra bonus (as promised) an additional excerpt from my interview with Ama Ata Aidoo. Here’s a quote from our discussion:
I’d be very surprised if somebody decided soberly […]
In keeping with recent events that showcase that racism is still alive and well…
The other day, a study performed by professors at Georgetown and UC Berkeley, concluded that employers who perform criminal background checks are more likely to hire African-Americans. The study’s conclusion reads:
we find that the positive effect of criminal background checks on the […]
I’m sure all of my “School Daze” fans out there know what I’m talking about. But seriously, here is an article on a 2005 Census survey compiling statistics on racial trends regarding home ownership, education, income and poverty. While African-Americans are making progress in each of these categories, it appears that the disparities between our people […]
Just some food for thought in a recent NY Times article on the average median income of blacks in Queens, NY surpassing that of white residents. What’s particularly interesting in this story, is that the writer attributes a major part of the blacks rise in median income to the business successes of immigrants from the West […]
Jabari Asim’s got a sobering look at the grim stats of black male life expectancy over at Truthdig. It includes a few eyebrow-raising facts, such as that a middle-aged man in Bangladesh or West Africa has the same or greater life expectancy than a black man of comparable demographics living in inner-city America. But what […]
A study at the Selig Center at the University of Georgia recently published findings projecting Hispanics to surpass African-Americans as the nation’s number one minority consumer spending demographic in 2007.
The study anticipates that Hispanics will outspend African-Americans by more than 16 billion dollars next year, with Hispanics estimated to spend $863 billion and Blacks at […]