Can Blacks Be NIMBYs?

by Charles MudedeTwilight of black Seattle,... Charles Mudede
As everyone should know, wages in America were de-linked from productivity in the late 1970s. As a consequence, wages have been flat while productivity has sharply increased over the decades. The stagnation of wages, however, threatened an important component of capitalism: consumer demand. The two main solutions to this problem turned out to be: one, produce cheaper products by taking advantage of the wage differences (arbitrage) bet