Celebrating humanity's flourishing through the spread of capitalism and the rule of law
25 Nov 2015 Leave a comment
in economics
Since the 1930s, the racial unemployment gap has widened dramatically. Economics and history, rather than verbose rhetoric, explain the influences that caused a sustained gap in the unemployment rates. The attached graph shows that blacks had about the same unemployment rate during the early 1900s; even less than whites at one point. There are many reasons why and each have their own merit. The most important reason, however, is the minimum wage.
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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