Showing posts with label Enterprise zones. Show all posts
Showing posts with label Enterprise zones. Show all posts

Monday, September 26, 2011

Star Parker on Black Unemployment solution

Star Parker, hardly an unbiased wall-flower, does have several great points to make.  The points she brings up, with few exceptions, have been proven to work.  The problem?  The solution cannot be tailored into a "Look, the Government solved it!" media sound bite, that promotes certain politicians at re-election time.  Adam Smith's invisible hand would be at work, and that doesn't make for a great bad news story the mainstream media likes so much.

Her second to last paragraph is the most telling.  The self-selection bias of individuals who pursue certain career paths brings us to an almost pre-ordained result.  Too bad.

I invite your comments and analysis.

http://townhall.com/columnists/starparker/2011/09/19/target_black_unemployment_with_enterprise_zones