By Timothy Taylor | BBN Times
On November 2, 1983, President Ronald Reagan signed a law establishing a federal holiday for the birthday of Martin Luther King Jr., to be celebrated each year on the third Monday in January. As the legislation that passed Congress said: “such holiday should serve as a time for Americans to reflect on the principles of racial equality and nonviolent social change espoused by Martin Luther King, Jr..” Of course, the case for racial equality stands fundamentally upon principles of justice, not economics. But here are a few economics-related thoughts for the day clipped from 2018 posts at this article, with more detail and commentary at the links:
1) “What Causes Inequality to Erupt Into Riots? Revisiting the Kerner Commission” (September 6, 2018)
“The Kerner report was the final report of a commission appointed by the U.S. President Lyndon B. Johnson on July 28, 1967, as a response to preceding and ongoing racial riots across many urban cities, including Los Angeles, Chicago, Detroit, and Newark. These riots largely took place in African American neighborhoods, then commonly called ghettos. On February 29, 1968, seven months after the commission was formed, it issued its final report. The report was an instant success, selling more than two million copies. … The Kerner report documents 164 civil disorders that occurred in 128 cities across the forty-eight continental states and the District of Columbia in 1967 (1968, 65). Other reports indicate a total of 957 riots in 133 cities from 1963 until 1968, a particular explosion of violence following the assassination of King in April 1968 (Olzak 2015).”
The September 2018 issue of the Russell Sage Foundation Journal of the Social Sciences includes a 10-paper symposium from a range of social scientists concerning “The Fiftieth Anniversary of the Kerner Commission Report.” The introductory essay by Susan T. Gooden and Samuel L. Myers Jr., “The Kerner Commission Report Fifty Years Later: Revisiting the American Dream” (pp. 1–17) does an excellent job of setting the historical context and contemporary reactions to the report, along with offering some comparisons that I at least had not seen before how hard it is to explain why some cities experienced riots and others did not.
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