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“‘Group Economics’ for Black Americans (Afrodescendants)” explores a popular topic that has seldom, if ever, been explored formally. It defines the “group economics” concept, assesses its benefits, and formulates a metric for measurement. The state of Black Americans’ “group economics” as roughly estimated, helps clarify the extent of our economic weakness, the current level of intergroup inequality in the US, and it adds weighty justification to our Reparations demand/claim.
“Addressing the Negative Multifactor Productivity Conundrum.”–This working paper urges efforts to resolve partially the negative MFP conundrum by: (i) Revising methods for estimating the nominal value of nonmarket gross output of Health and Education services when current measures are based on cost; (ii) incorporating quality adjustments into estimates of real gross output and materials factor inputs for these services; and (iii) recognizing that humans have at least three, not two, roles in multifactor productivity and economic measurement broadly.
When the BlackEconomics.org website was first developed in 2005, it included a page entitled Long-Term and Strategic Plan (LTSP) for Black America. In 2008 we made an appeal for the development of an LTSP. However, the goal of developing such a plan was not achieved until 2022 and 2023, when a “grassroots” LTSP Panel produced a Long-Term Strategic Plan for Black America. BlackEconomics.org’s chief contributors participated as members of the LTSP Panel. At a minimum, please consider the Executive Summary.
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