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In an investigation of the effects of racism on the American economy, Michael Reich evaluates the leading economic theories of racial inequality and presents the new theory that discrimination against blacks increases inequality of income among whites.
Originally published in 1981.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Michael Reich is Professor of Economics and Director of the Institute for Research on Labor and Employment at UC Berkeley. His current research focuses on dynamic models of low-wage labor markets and on the economics of living wages and minimum wages. Among his recent co-edited titles are Labor in the Era of Globalization (Cambridge U.P., 2009) and Contemporary Capitalism and Its Crises: Social Structure of Accumulation Theory for the 21st Century (Cambridge U.P., 2010).
Ken Jacobs is Chair of the Center for Labor Research and Education at the University of California, Berkeley. His areas of specialization include health care coverage, the California budget, low-wage work, the retail industry, and public policy. He provided consultation to the City and County of San Francisco on the development of the San Francisco Health Care Security Ordinance and was a member of the Mayor's Universal Health Care Council.
Miranda Dietz is a researcher at the UC Berkeley Center for Labor Research and Education working on employment and health care issues in California. She has written on temporary and subcontracted work in California as well as the implementation of the Affordable Care Act. She holds a Master’s Degree in Public Policy from UC Berkeley and Bachelor’s Degree in Government from Harvard.
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