ECON 2D03 Lecture 4: Chapter 5 pt5
Document Summary
Some economist argue: discriminating employers, competitive disadvantage compared with other employers, have higher costs than non-discriminators, driven from the market, direct intervention in labour markets, unnecessary. Improving educational opportunities for racial and ethnic minorities and women: subsidized day care programs for low-income workers with families, maintain a healthy economy. Improve mass transit (public transportation: appropriate fiscal and monetary policies, welfare reform. Residential and educational segregation: low income residential areas, poorer-quality schools, racially segregated central-city neighbourhoods, leads to, lower wage-paying jobs, high unemployment rates, unequal opportunities for minorities.