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El racismo encubierto en economía.

Authors :
Komlos, John
Source :
Revista de Economía Institucional. ene-jun2022, Vol. 24 Issue 46, p27-65. 39p.
Publication Year :
2022

Abstract

Mainstream economic theory is replete with assumptions that feed into structural or systemic racism. It supports an economic system that severely disadvantages people at the lower end of the socio-economic spectrum, which in the U.S. includes a disproportionate number of Hispanics, indigenous people, and descendants of slaves ((would Afro-Americans be more appropriate?)). The paper discusses 15 such assumptions that are generally trivialized, including the crucial role information costs play in decision making. In turn, costly information implies that its acquisition by poor people requires a greater share of their income, making it more difficult for them to make well-informed decisions. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
01245996
Volume :
24
Issue :
46
Database :
Academic Search Index
Journal :
Revista de Economía Institucional
Publication Type :
Academic Journal
Accession number :
154286203
Full Text :
https://doi.org/10.18601/01245996.v24n46.03