The State of Racial Inequality in the United States

When i was in graduate school, it was the 19 seventies, it was a half century ago. There was a lot of excitement in the air about applying the methods of economics to resolving the urban crices. A race was a kind of marker or social convention that caused a certain degree of segregation in society. And if you had a theory of growth, and everybody was homogeneous, that would be one thing. But if you looked at different patterns of social interaction within sub groups of the population, that could reflect racial identity dynamics. I'm going on too long. Thanks for giving me a lot of time to talk larryi'm talking like i'm talking to an economist.