On the economics of “Acting White”

There is much to be learned from the economics and sociology of oppositional identities.

As Roland Fryer pointed out, what is most important to the average 13-year-old is to be popular. Among some minorities, being popular and being smart are not compatible.

My analysis confirms that acting white is a vexing reality within a subset of American schools.

But Fryer also found that “In predominantly black schools, I find no evidence at all that getting good grades adversely affects students’ popularity”

Source: “Acting White” The social price paid by the best and brightest minority students by ROLAND G. FRYER, EducationNext 2006.

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Deirdre McCloskey on the grumblings of the Twitter Left

Source: The Duel: Is inequality the root of all social ills? | Prospect Magazine.

More on down and out in America

Source: Five Myths About Welfare and Child Poverty | The Heritage Foundation.

Living Space: Europeans Versus Poor Americans

Source: Understanding Poverty in the United States: Surprising Facts About America’s Poor | The Heritage Foundation

A lot of Europe’s middle class would be poor in the USA

Has @WJRosenbergCTU shown @jacindaardern’s first lie in office?

Ardern said there had been market failures in New Zealand such as … most people’s incomes not keeping up with inflation…


Source: Economist Bill Rosenberg details how low and middle-income wages have been hollowed out as higher earners experienced greater growth while those below them had to work more hours each week | interest.co.nz.

Global median incomes to double by 2035 – @IMFnews too busy grumbling about inequality to notice

Blame neoliberalism

What a difference a targeted welfare state makes to family poverty in America

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Was 75% of Piketty’s class war a measurement error?

Source: “Using Tax Data to Measure Long-Term Trends in U.S. Income Inequality.”
David Splinter and
Gerald Auten. Working paper for the 2017 Annual Meeting of the American Economics Association, 2016. 

Down and out in America is no internet

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More on family poverty in America

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Who loses from Morgan’s #UBI of $11,000?

Are the @NZGreens @Metiria ok with mum of 10 not naming father?

dav

dav

NZ top 1% should be drummed out of the international ruling class? @EricCrampton

What a poor effort! The US top 1% is going from strength to strength by whatever explanation or conspiracy theory is your poison. The NZ top 1% is failing completely on its job as the ruling class extracting the labour surplus without mercy or pity to immiserise the proletariat just because it thinks that is a viable long-term strategy for its class.

Source: The material wellbeing of NZ households: Overview and Key Findings from the 2017 Household Incomes Report and the companion report using non-income measures (the 2017 NIMs Report) prepared by Bryan Perry, Ministry of Social Development, Wellington, July 2017.

The income share of the New Zealand top 1% has been falling and falling for a long time now. The class struggle has been cancelled in New Zealand. What is a point of the class war if the ruling class is losing and the proletariat winning. Marxists have nothing to whine about.

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