The economics of discrimination : Part 2

I n Part 1 of this article two definitions of economic discrimination were given, along with a variety of statistical tables that illustrated them. Societal economic discrimination was defined as the difference in (or ratio of) the average family income of minority and majority groups. lncome is the main component of econoinic well-being, and income tends to be positively correlated with other components, such as leisure, favorable nonpecuniary aspects of one's job, and so on. The statistical tables in Part 1 showed large income disparities between white and black families, between white non-Hispanic families and Hispanic families, and between families with a male primary earner compared to families with a female primary earner (or head of household). These disparities in income are widely perceived as inequitable.