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Title: Wealth and Faith, What Is Your Real Reason? Is It Jesus?

Citation Type: Miscellaneous

Publication Year: 2011

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Abstract: For those who monitor relative wealth accumulation and are unmoved by divine empathy, a disincentive to increase the rate of full manumission is possible. Consider slavery as overt, formal constraints to zero or even negative wealth accumulation; and consider freedom of ex-slaves as the perception of overt lack of formal wealth constraints and yet the possibility of covert, hidden or informal constrained wealth accumulation controls (i.e. southern Jim Crow laws); and finally, consider full manumission as the uninhibited opportunity to accumulate wealth at rates of entities without a history of slavery or with a more limited history of slavery. This definition of full manumission probably includes the necessity of wealth transfers to the fully manumitted ex-slave in transition from slavery or free ex-slave to full manumission. Nevertheless, this negatively bounded correlation between duration of time from the end of enslavement and magnitude of unexplained differences in wealth suggests the magnitude in the unexplained portion of white-black wealth differences increases as the length of time from the real end of enslavement decreases. This posses another research question: what is the level and source of wealth accumulation differences among blacks with a long history of freedom/manumission and blacks with a short history of freedom/manumission. This investigation probably starts with the re-examination of the historical documentation of the former existence of free black, mulatto slave owners of black slaves. However, Jesus Saves!

Url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1793848

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Authors: Curtis Jr, James, E

Publisher: The James Edward Curtis Jr Education Foundation

Data Collections: IPUMS USA

Topics: Other

Countries: United States