Home | Industry Information | Business News | Browse by Publication | A | American Economist

Pushing for a more humane society.

Publication: American Economist
Publication Date: 22-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Like most economists, I came to the profession not through any great interest in the actual economy itself. Rather, I enjoyed studying and creating models of simple processes that might or might not resemble what goes on in the actual economy--a form, really, of recreational mathematics. as I...

View more below

Read this article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 7 Days!
Tell Me More   Terms and Conditions

Purchase this article for $4.95

Already a subscriber? Log in to view full article

...However, time went on, became interested as well in working on issues of race, gender, and poverty in the economy, and the social policy questions these issues raised. I have been able to use my standing as an economist, and even a bit here and there of my economics training to write on these matters, and, I hope, to make a contribution to the eventual achievement of a more humane world.

I was born in 1927 in the Bronx. I became an atheist at age four, when I failed to receive a minor favor I had prayed for and believed I deserved. It then occurred to me that nobody was up there listening. I became a feminist (a person who believes in working toward the equality of women and men) at age five, when it became obvious to me that you needed your own money to be an independent person, which was what I wanted to be when I grew up.

My grandparents had come to the United States from eastern Europe in the huge wave of immigration prior to 1914, fleeing anti-Semitism. Neither of my parents stayed in school through high school, because their families needed the money they could earn. One of my mother's sisters had been sent to work at seven, and never learned to read and write. But for my generation there were better hopes. We were expected by our parents to integrate seamlessly into American life and succeed financially. The hope for a boy was that he would become a lawyer or a doctor, and the hope for a girl was that she would marry a lawyer or a doctor. We were encouraged to look forward to going to college, which was realistic, because New York City provided tuition-free public colleges, a prestigious one for boys and a lesser one for girls. We were pressed very hard to do well in school.

My father was a union typesetter and earned a good wage of $50 a week all through the Great Depression of the 1930s, so we were not in want. However, the unemployment rate was about 25 percent, and the terrible state of much of the populace was obvious, even to a child in elementary school. I had two male cousins who were about 10 years older than I was, and who were unable to find jobs after they left high school. Their pride and morale were destroyed. When World War II came, they were taken into the army, and that experience, plus the jobs they found in the prosperous post-war economy, saved them.

My most vivid single memory of the depression is of a middle-aged man who walked into our neighborhood one day carrying a violin, a bow, and a battered wooden folding chair. He set the chair on the sidewalk outside our apartment house, sat down, and played several pieces. People listening through open windows in the apartments above threw down pennies. After he had picked up the coins, he made an announcement...

NOTE: All illustrations and photos have been removed from this article.



More articles from American Economist
A note on government budgets.(Author Abstract), September 22, 2005
From poverty to obesity: exploration of the food choice constraint mod..., September 22, 2005
Is the Dorfman-Steiner rule always optimal?, September 22, 2005
Upstream mergers, downstream mergers, and unionized oligopoly., September 22, 2005
The determinants of health status in Sub-Saharan Africa (SSA)., September 22, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.