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Supplier diversity needs to focus on industries of today and tomorrow
Black companies became pigeonholed in low-margin endeavors such as janitorial, landscaping, delivery and construction.
B-TO-B-DIVERSITY
Ariel Investments founder and co-CEO John Rogers has served on corporate, university, hospital and museum boards, sometimes as the first or sole African American. When he asks the CEO, CFO or general counsel if they would consider using a minority investment bank in their next deal, he says the invariable answer is, I didn t know there were Black firms that could do that.
Black firms aren t well represented in the fast-growing and high-margin businesses in financial services and technology. These are the companies that create jobs and wealth for families and enable business owners to bring along people from their communities. They are the businesses that can inspire and motivate young people coming up alternatives to long-shot sports and entertainment stardom.
The price of good intentions
By Jonathan Rosenblum
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books and culture
Recapturing the American “We” Robert Putnam’s latest book is a statistical tour de force but fails to acknowledge the implications of its analysis.
The Social Order
Social scientist Robert Putnam has a well-deserved reputation for arriving at original conclusions by asking original questions. In
The Upswing, he and coauthor Shaylyn Romney Garrett have given us another compelling argument about American social life.
A statistical tour de force,
The Upswing asks an important question: Do Americans today care and focus more on themselves as individuals a collection of “I’s” or do they see themselves and their fellow countrymen as a “We”? The answer, unequivocal and well-supported, is that we have become more individualistic, and that this trend overlaps with various social ills: rising inequality, low social trust, and declining marriage rates. Tracking these and other trends, Putnam and Garrett identify a statistical (and grap
Everywhere woke ideology casts its shadow, things only get worse
Walter E. Williams, one of America’s premier public intellectuals, died last week at 84, just hours after teaching an economics class at George Mason University, where he taught for 40 years, and the day after his final syndicated column appeared. (I’m still contemplating whether that is a model I hope to emulate.)
That last column, like so much of his work, and that of his best friend and fellow black economist, Thomas Sowell, dealt with the decline of human capital in the black community since the inception of the Great Society.