The government and the private sector must step up to this challenge. If society wishes to see the end of racial employment disparities, the solution is right at our fingertips. Past policies have not worked because they have been centered on promoting all businesses with the assumption that their employment growth will “trickle down” to African Americans. But this has not happened. However, we can now see that promoting African American owned businesses can solve the problem. In addition, it makes good economic sense–and good social sense.
Thomas D. Boston, a professor at the Georgia Institute of Technology, is a member of the
BE Board of Economists