One last parting note about this poorly conceived hit piece which attempts to lay everything at the feet of black pathology and dysfunction. It’s wrong in every way. I’ll cite some sources which may helphttps://quillette.com/2018/07/19/black-american-culture-and-the-racial-wealth-gap/ …
I think the crux of the issue is whether suburbanization was an exogenous thing that reduced property values, or if it was the result of white city-dwellers expressing a strong/expensive preference not to have black neighbors.
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Because in the latter case—without endorsing the consumer preferences—you’d still treat neighborhood racial composition as an externality, and the question becomes: who should optimally bear the cost of that externality?
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I think that framework is problematic. The racial composition of a neighborhood being an externality can only come about via irrational preferences via race itself.
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We get into very tricky territory when we start deciding which preferences are irrational. Especially in a majoritarian system. Jim Crow, after all, was just society’s way of saying that a preference for desegregated lunch counters was irrational and thus invalid.
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A much safer truce is to say that we don’t understand one another’s preferences, but won’t judge some of them invalid (assuming they don’t impose externalities, natch)
End of conversation
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