Duke University Economist And His Wife Publish Report Calling For $12 Trillion Owed In Reparations
By David Rufful - August 15, 2020
Duke University economist William Darity Jr. and his wife Kirsten Mullen have co-authored a report proposing $12 trillion in reparations for Americans whose ancestors were enslaved, Breitbart News reports.
This comes to roughly $800,000 per African-American
household, the report adds.
The report reads, “[The] US government—the culpable
party—must pay the debt.”
“Ultimately, respect for black Americans as people and as
citizens—and acknowledgment, redress, and closure for the history and financial
hardship they have endured—requires monetary compensation,” it continues.
Cato Institute fellow Michael Tanner responded, “Our national debt is already now up to around $26-27 trillion given the money we’re spending on Covid.”
Tanner continued, “And we’re losing more money because we’re not picking up the revenue because economic growth is so slow right now. This hardly seems the time to burden the economy with more debt, more taxes. Essentially what you want to do is stimulate economic growth for all our benefits.”
More from Breitbart:
“What I would say about reparations is, you know, show me a mechanism that works,” Carson challenged interviewer Jericka Duncan when asked about the concept in December 2019. “You know, I did my DNA analysis. OK. I’m 77% sub-Saharan African, 20% European, 3% Asian. So how do you proportion that out to everybody?”
“Proportionately, you’re not going to be able to figure
it out. And where do you stop it? It’s unworkable,” he added. “I would much rather
concentrate on how do we provide the opportunities for people to get into a
better economic situation now.”
The economics aside, leading African-American political figures, including Housing and Urban Development (HUD) Secretary Ben Carson, have cast doubt over the feasibility of reparations.
Nonetheless, the Burlington City Council voted unanimously on Monday to launch a task force to study reparations for residents. Last month, a “racial equity” task force commissioned by the city of Durham, North Carolina, issued a report recommending the creation of a reparations fund to address “systemic racism.”
Goethe University Frankfurt
https://en.wikipedia.org/wiki/Goethe_University_Frankfurt
History
Campus Bockenheim (in 1958)
The historical roots of the university can be traced back as far as 1484, when a City Council Library was established with a bequest from the patrician Ludwig von Marburg. Merged with other collections, it was renamed City Library in 1668 and became the university library in 1914.[11] Depending on the country, the date of foundation is recorded differently. According to Anglo-American calculations, the founding date of Goethe University would be 1484. In Germany, the date on which the right to award doctorates is granted is considered the founding year of a university.
The university has been best known historically for its Institute for Social Research (founded 1924), the institutional home of the Frankfurt School, a preeminent 20th-century school of philosophy and social thought. Some of the well-known scholars associated with this school include Theodor Adorno, Max Horkheimer, and Jürgen Habermas, as well as Herbert Marcuse, Erich Fromm, and Walter Benjamin[citation needed]. Other well-known scholars at the University of Frankfurt include the sociologist Karl Mannheim, the philosopher Hans-Georg Gadamer, the philosophers of religion Franz Rosenzweig, Martin Buber, and Paul Tillich, the psychologist Max Wertheimer, and the sociologist Norbert Elias[citation needed]. The University of Frankfurt has at times been considered liberal, or left-leaning, and has had a reputation for Jewish and Marxist (or even Jewish-Marxist) scholarship[citation needed]. During the Nazi period, "almost one third of its academics and many of its students were dismissed for racial and/or political reasons—more than at any other German university"[citation needed]. The university also played a major part in the German student movement of 1968.
The university also has been influential in the natural sciences and medicine, with Nobel Prize winners including Max von Laue and Max Born, and breakthroughs such as the Stern–Gerlach experiment.
In recent years, the university has focused in particular on law, history, and economics, creating new institutes, such as the Institute for Law and Finance (ILF) and the Center for Financial Studies (CFS)[citation needed]. One of the university's ambitions is to become Germany's leading university for finance and economics, given the school's proximity to one of Europe's financial centers.[12] In cooperation with Duke University’s Fuqua School of Business, the Goethe Business School offers an M.B.A. program. Goethe University has established an international award for research in financial economics, the Deutsche Bank Prize in Financial Economics.
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