ABSTRACT

This chapter provides some insight into the contributions of black economists. The economists selected include some very controversial individuals, some of whom have not traditionally been viewed as economists. The economists examined include Nobel Laureate Sir W. Arthur Lewis, Kwame Nkrumah, W. E. B. Du Bois, Thomas Sowell, Walter Williams, Glenn Loury, William Darity, Jr., Andrew Brimmer, Clifton Wharton, Jr., and Phyllis Wallace. All of these individuals made contributions to economics. Economics is a broad field of study that involves sociological and political observations. Economic thought tends to classify economists according to the schools to which they belong or according to their theoretical area. Human capital is the key to black economic development. The common theme pervading the views of all of the economists in this study is that in order for blacks to make progress, they must develop human capital and skills.