
Ep. 255 The Economics of Discrimination
Bob Murphy Show
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Are the Bankers Racists?
LZ Granderson: Some studies say it's because loan officers work with white mortgage holders more than they do with black people. LZ: But again, they're having to explain away the prima facia evidence to show that it's not the situation isn't what you originally thought. He says even if your overriding goal were to equalize the outcome, still you'd want to pinpoint where is this coming from? "I would argue crappy public schools and other government policies ... end up perpetuating a cycle of poverty," he says.
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