The wretched, reactionary economist, Gary Becker, has died.
In his first book about the economics of discrimination, he
described racist employers as having a "taste for discrimination."
Just like you might have a "taste for pancakes." Those who
had such a taste were, he argued, willing to accept lower profits
to indulge it. That is, other things equal, employers
would only hire black workers who were as productive as white
workers if the black laborers would accept a lower wage.
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