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to pay them their real value, insisting instead upon a minimum wage which prices them out of the job market.

In a word, the enemy of black economic progress is white liberalism, the maze of rules, regulations, and debilitating welfare programs which—although they may have been motivated by high ideals—have had a wholly negative effect. The way to ease poverty, as Gilder understands, is, on the one hand, to remove the disincentives of the dole and, on the other, to stimulate investment and business expansion which will produce new jobs.

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to pay them their real value, insisting instead upon a minimum wage which prices them out of the job market.

In a word, the enemy of black economic progress is white liberalism, the maze of rules, regulations, and debilitating welfare programs which—although they may have been motivated by high ideals—have had a wholly negative effect. The way to ease poverty, as Gilder understands, is, on the one hand, to remove the disincentives of the dole and, on the other, to stimulate investment and business expansion which will produce new jobs.