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Darity, William A., Jr. & Mason, Patrick L. (2004). Racial Discrimination in the Labor Market.. Colander, David; Prasch, Robert E.; & Sheth, Falguni A. (Eds.) (pp. 182-204). Ann Arbor, Mich.: University of Michigan Press.


Noneconomists often think that economists' approach to race is almost exclusively one of laissez-faire. Race, Liberalism, and Economics argues that economists' ideas are more complicated. The book considers economists' support of markets in relation to the challenge of race and race relations and argues that their support of laissez-faire has traditionally been based upon a broader philosophical foundation of liberalism and history: what markets have and have not achieved in the past, and how that past relates to the future. The book discusses the concepts of liberalism and racism, the history and use of these terms, and how that history relates to policy issues. It argues that liberalism is consistent with a wide variety of policies and that the broader philosophical issues are central in choosing policies.

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Darity, William A., Jr.
Mason, Patrick L.