Economics and black people

Edward P. Chase, “Learning to be Unemployable,” Harper’s Magazine,April 1963, pp. 33–40. E. Franklin Frazier, “Black Bourgeoisie (Detroit:The Free Press, 1957);Christopher Jencks and David Riesman, “The American Negro College,” Harvard Educational Review,Vol. 37, No. 1 (Winter, 1967), pp. 3–60. Warren G. Magnuson, The Dark Side of the Marketplace (plEnglewood Cliffs):Prentice-Hall, Inc., 1968, Chapter 2. Wihout even attempting to summarize the voluminous analyses of the economics of slavery, which stretch back over the past two centuries and which are still being debated, it may be worthwhile to note (1) the penetrating analysis of the social-economic effects of slavery on the South in the 1835 classic by Alexis de Tocqueville, Democracy in America (New York:Alfred A. Knopf, 1966, Vol. I, pp.356–381, and (2) a survey of the various economic arguments about slavery, with valuable references to the original sources, in Harold D. Woodman, “The Profitability of Slavery: A Historical Perennial,” Journal of Southern History,August 1963, pp. 303–325.