4min chapter

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“One Does Not Know Where an Insight Will Come From” | People I (Mostly) Admire: Kerwin Charles

Freakonomics Radio

CHAPTER

The Effect of a Housing Bus on Blacks

At the very top, african merican success s been fantastic. But in the bottom part of the distribution, blacks have even lost ground relative to white since a tha on nineteen seventy yar some period like that. And an affran american boy who goes to princeton to day and majors in actuarial science or chemistry, whatever, he will be not especially dissimilar from his vicognopher. Let's forget them, and let's think about the many millions of afterthe Americans who are not that boy. Think about the non employment rate i just talked about. Think about the decline of manufacturing, the rise of automation and other things all of which especially adversely affect blacks at the...

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