“Why are drugs so profitable? Essentially, many argue, it’s because they are illegal. By making drugs a criminal enterprise, it creates an enormous black market economy where drugs fetch far greater prices than they would if legal.” IfsBlackEconomyGreaterDrugCriminalsArguingEnormousEnterpriseIllegalProfitableMarket EconomyFetch Author:James Morcan
“Black money is so much a part of our white economy, a tumour in the centre of the brain - try to remove it and you kill the patient.” TryingBlackWhiteBrainEconomyPatientRemoveCentre Author:Rohinton Mistry
“The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people.” PeopleWayGovernmentBlackFreedomEconomyEconomicsOpeningWorking ItFree MarketEnablingOpening UpMarket EconomyFree Market Capitalism Author:Milton Friedman
“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.” PeopleFeelsHas BeensDoneBitsBlackResultsEconomyToo MuchAccountsGood ThingsInvestmentCurrentsDecadesIncomeSavingMassiveRacingMondayInflationDeficitRecessionsBorrowingAftermathToo Much Of A Good Thing Author:Nigel Lawson
“The schemes to set up blacks in cleaning stores, gas stations, hamburger stands and fried-chicken franchises, all the low-profit, low-capital enterprises, will rivet the Black man to the least remunerative section of the economy forever. The best such prospects offer are the dissatisfactions of blue-collar life. The big money ain't in pumping rationed gas in an Amoco station leased in your very own name, but in having stock in Exxon.” MenWisdomBigsPoliticsNamesBlackEconomyForeverOffersLowsBlueProfitStoresLiberalismEnterpriseGasStationsChickensSchemesSectionsCleaningDissatisfactionCollarsProspectsHamburgersBlue CollarGas StationsFried Chicken Author:Louis O. Kelso
“In Harlem, for instance, all of the stores are owned by white people, all of the buildings are owned by white people. The black people are just there - paying rent, buying the groceries; but they don't own the stores, clothing stores, food stores, any kind of stores; don't even own the homes that they live in. They are all owned by outsiders, and for these run-down apartment dwellings, the black man in Harlem pays more money than the man down in the rich Park Avenue section.” PeopleMenKindHomeRunningPoliticsBlackWhitePayEconomyRichBuildingHe ManStoresInstanceParksLiberalismBuyingBlack PeopleClothingsMore MoneyOutsidersApartmentSectionsAvenuesDwellingGroceriesHarlemPaying Rent Author:Malcolm X
“If ever America undergoes great revolutions, they will be brought about by the presence of the black race on the soil of the United States - that is to say, they will owe their origin not to the equality but to the inequality of conditions.” IfsStatesWisdomAmericaPoliticsBlackUnitedRaceUnited StatesEconomyConditionsRevolutionInequalitySoilLiberalismBlack Race Author:Alexis de Tocqueville
“We love a world in which the people in the white hats get rewarded and the people in the black hats pay the price. And that I have to say doesn't happen very often, particularly in a very complex economy. We're in a time of panic where people have lost trust in what the banks are doing, what the investment firms are doing - lost trust beyond a level of reasonableness, to be honest. And, it's got to be stopped.” PeopleWorldHappensLostBlackWhiteLevelsPayEconomyHonestInvestmentComplexesBeing HonestFirmHatsPanicPay The PriceReasonablenessBlack HatsLost Trust Author:Rebecca M. Blank
“Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high.” NeedsEnoughHandsBlackInterestCompanyEconomyTroubleLowsRateDebtCashInterest Rate Author:Nancy Dunnan
“Often young black people are looking towards the alternative economies. They are looking towards the drug economy.... the economies that are going to that apparently will produce some kind of material gain for them.” PeopleKindYoungBlackEconomyProduceMaterialsDrugGainsAlternativesBlack People Author:Angela Davis
“The de industrialization of the US. economy based on the migration of corporations into third world areas where labor is very cheap and thus more profitable for these companies creates on the one hand conditions in those countries that encourage people to emigrate to the US. in search of a better life. On the other hand, it creates conditions here that send more black people into the alternative economies, the drug economies, women into economies in sexual services, and sends them into the prison industrial complex.” PeopleWorldCountryHandsBlackCompanyEconomyConditionsDrugAreasLaborThirdsPrisonComplexesAlternativesCorporationsBlack PeopleBetter LifeProfitableThird WorldMigrationIndustrialization Author:Angela Davis