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A fifth approach would be use of rep- which led them to an estimate of $3.4 billion by arations to build entirely new institutions to 1860. The venerable transfer problem (John May- pounded at 3 percent to 1983 dollars to reach a nard Keynes, 1929; Harry G. Johnson, 1955) in figure of $1.4 trillion.
May 1, 2003 · III. Economics and Reparations. Given the suitability of reparations to com-. pensate blacks for having been subjected to. slavery, Jim Crow practices, and ongoing. discrimination, economics can ...
The Case for Reparations. Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole. TA-NEHISI COATES. JUNE 2014 ISSUE | BUSINESS.
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- Patrick Roehm
- ACKNOWLEDGEMENTS
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As part of the national racial reckoning in the United States, reparations for African Americans have been proposed to correct the injustices of slavery and discrimination. The main economic goal of reparations is to close the racial wealth gap. While the gap is substantial, uncertainties remain about the program’s scope, magnitude, method, financi...
The author offers his heartfelt gratitude to Associate Editor Talia Nusbaum and Professor Joseph Cordes for their thoughtful and constructive feedback provided over several drafts of this article. The author is grateful to Editor-in-Chief Jack Nicholson and Managing Editor Alex Borkholder for their review of the article and frequent guidance on pro...
The economic literature makes a compelling case for paying reparations to African Americans but cautions that the program must be designed correctly to increase wealth for specified recipients. Using the racial wealth gap as an estimate of the cost of slavery and discrimination, multiple economists recommend the U.S. government pay reparations to c...
models, and norms for reparations for racial harms. Reparations are surprisingly commonplace practices in the federal government’s role of compensating harms. The United States has paid many forms of reparations throughout its history and has implemented hundreds of pro-grams that compensate individuals and their dependents for various harms.
the economic activities of the country to prevent evasion and sabotage. Undoubtedly, reparation payments are an economic advantage to the receiving country, provided their collection does not create greater economic disadvantages; and some modes of payments can be obtained at the end
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Jan 1, 2012 · Abstract and Figures. Germany's Great Depression of the early 1930s started in 1929 with a sudden stop in the current account. It ended after a foreign debt default that unfolded in several stages ...
