Home > Author > Walter E. Williams >

" According to Vedder and Galloway, prior to the enactment of the Davis-Bacon Act, black and white construction unemployment registered similar levels. After the enactment of the Davis-Bacon Act, however, black unemployment rose relative to that of whites.[31] Vedder and Galloway also argue that 1930 to 1950 was a period of unprecedented and rapidly increasing government intervention in the economy. This period saw enactment of the bulk of legislation restraining the setting of private wage, such as the Fair Labor Standards Act, Davis-Bacon Act, Walsh-Healey Act, and National Labor Relations Act. The Social Security Act also played a role, forcing employers to pay for a newly imposed fringe benefit.[32] Vedder and Galloway also note that this period saw a rapid increase in the black/white unemployment ratio. "

Walter E. Williams , Race & Economics: How Much Can Be Blamed on Discrimination?


Image for Quotes

Walter E. Williams quote : According to Vedder and Galloway, prior to the enactment of the Davis-Bacon Act, black and white construction unemployment registered similar levels. After the enactment of the Davis-Bacon Act, however, black unemployment rose relative to that of whites.[31] Vedder and Galloway also argue that 1930 to 1950 was a period of unprecedented and rapidly increasing government intervention in the economy. This period saw enactment of the bulk of legislation restraining the setting of private wage, such as the Fair Labor Standards Act, Davis-Bacon Act, Walsh-Healey Act, and National Labor Relations Act. The Social Security Act also played a role, forcing employers to pay for a newly imposed fringe benefit.[32] Vedder and Galloway also note that this period saw a rapid increase in the black/white unemployment ratio.