This pioneering work explores race and the social caste system in an atypical northern environment over a period of two centuries. Cromwell identifies those blacks in Boston who exercised political, economic, and social leadership from the end of the eighteenth century to the middle of the twentieth, and effectively challenges the simplistic notions of hierarchy as they pertain to race.
Posted in Books
Our Money Matters /\ October 12, 2012
NAME TICKER PRICE (GAIN/LOSS %)
African American Publicly Traded Companies
Citizens Bancshares Georgia (CZBS) $4.42 (UNCH)
Carver Bank New York (CARV) $3.60 (2.44% DN)
Radio One (ROIA) $0.93 (14.55% UP)
African Stock Exchanges
Bourse Regionale des Valeurs Mobilieres (BRVM) 148.06 (0.76% UP)
Botswana Stock Exchange (BSE) 7 443.39 (0.37% UP)
Ghana Stock Exchange (GSE) 1 036.16 (N/A)
Nairobi Stock Exchange (NSE) 87.71 (N/A)
Johannesburg Stock Exchange (JSE) 36 440.05 (0.16% UP)
International Stock Exchanges
New York Stock Exchange (NYSE) 8 234.85 (0.26% DN)
London Stock Exchange (LSE) 3 025.62 (0.59% DN)
Tokyo Stock Exchange (TOPIX) 718.32 (0.61% UP)
Commodities
Gold 1 755.50 (0.85% DN)
Oil 91.78 (0.31% DN)
*All quotes reported as of 3:00 PM Eastern Time Zone
Posted in Market Watch
School Name: Dillard University
Median Cost of Attendance: $27 436
Undergraduate Population: 1 249
Endowment Needed: $685 351 280
Analysis: Dillard University needs approximately $700 million to allow all of its students to attend the university debt free annually. The university now under new leadership will be looking to aggressively grow its community presence in New Orleans and its student population. According to US News, the university currently has approximately a $55 million endowment which is an extremely healthy endowment for its population size. It is safe to assume the population growth could push Dillard into the $100 million conversation within 10 years. This could be especially true given the number of alumni Dillard sends into the medical field which should benefit them greatly as the baby boomers move into retirement. Although they are a private school there will certainly be political pressures on even private HBCUs in Louisiana which will be something to keep an eye on. Overall, Dillard is an endowment to watch and should remain a strong presence in the top ten HBCU endowments.
As always it should be noted that endowments provide a myriad of subsidies to the university for everything from scholarship, faculty & administration salaries, research, and much more.
Overall Unemployment: 7.8%
African America Unemployment: 13.4%
European America Unemployment: 7.0%
Asian America Unemployment: 4.8%
Analysis: Asian America had the largest decline in its unemployment rate dropping from 5.9% to 4.8% overall. African America had the next largest decline from 14.1% to 13.4% overall.
African American Male Unemployment: 14.2%
African American Female Unemployment: 10.9%
African American Teenage Unemployment: 36.7%
African American Male Participation: 67.0%
African American Female Participation: 62.0%
African American Teenage Participation: 29.0%
Analysis: All three subgroups saw declines in their unemployment rates in September. The men and women saw negligible declines as the teenage subgroup was the driving force behind the big decline in African America’s unemployment rate. As with the country as a whole part-time jobs make up the bulk of the reason for the decline in the unemployment rate carried primarily by the teenage subgroup. Participation rates for men and women both declined while the teenage subgroup saw a bounce back in participation to its July levels after a significant decline in August.
Conclusion: There is very little to get excited about looking at the numbers for African America. The unemployment rate is down but so is the participation rate for the men and women’s groups. The rebound of teenage participation, which is in constant crisis itself, for African America masked the participation drop of the adult declines. An unsettling thought when you realize they are also the lowest wage earners in an already vastly under earning African America.
Source: Department of Labor
This work is a critical examination of Maat, the moral ideal in ancient Egypt. It seeks to present Maat in the language of modern moral discourse while at the same time preserving and building on its distinctiveness as a moral ideal capable of inspiring and maintaining ethical philosophic reflection. The effort here is one of both interpretation and transmission of an ethical tradition, a project in which tradition is seen not simply as a precondition and process in which one comes, but also as an ongoing product of one’s efforts to understand it. Locating himself within the tradition, the author seeks to test the conceptual elasticity of its major categories and contentions and to establish its capacity for critical moral discourse.
Posted in Books
HBCU Money 