Saturday, January 11, 2014
Altarum Institute: The Business Case for Racial Equality
The Altarum Institute and the W.K. Kellog Foundation have published a paper called "The Busniess case for Racial Equality". The report document studies which show increasing minority wealth and income would add to the GDP, reduce health care costs, add to government tax revenuse, increase producitivity, reduce government transfer payments and increase corporate profits.
Some of the proposal include ending residential segragation, end school segregation, reducing the prison population and investing in education.
We believe, while the proposal are good, the US economy is a slow growth, zero-sum economy with winners and losers. There is absolutely no incentive for people who benefit from the system to help those who do not.
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