ECON 103 Lecture Notes - Lecture 24: Negro League Baseball, Dry Cleaning, Extraordinary Measures
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Intro to microeconomics 11/25/15: discrimination in labor markets. Because of jackie robinson, economists think that discrimination will go away on its own (with free markets: in 1947, jackie robinson was the first african-american to play on a major-league baseball team. Attacked viciously by racists, he was soon followed by many others and seven years before the supreme. Winners and losers from baseball discrimination: winner, racist owners, mediocre white players, owners of negro leagues, dedicated negro league fans. Loser: african american players, major league fans. African american players kept out of the major leagues. They suffered financially: owners of so-called negro leagues benefitted. Their teams won more games because they hired african. The dodgers sold more tickets: other teams recruited african americans to compete with the dodgers. Economists conclude that competition will eventually erode racism: most economists think that if there is competition, talent will find a way in and will be paid fairly.