Free Markets Make Irrational Racism Expensive

Steve Sailer wrote about Jackie Robinson and company: That competitive markets make irrational bigotry expensive — not impossible, but costly — was first formally demonstrated in 1957 by University of Chicago economist Gary Becker (the 1992 Nobel Laureate), and in the four decades since has barely gained a toehold in conventional thinking. Let me be clear: this idea does not pollyannaishly presume that white people (or any other people) are motivated by disinterested good will. It merely assumes that if forced to by competition, people will hire whoever makes them the most money. Don’t forget, though, that we humans are always conniving to exempt ourselves from competition. The more we can insulate ourselves from the open market, the more painlessly we can then discriminate for kin and countrymen and against people we don’t like. Baseball’s often ugly history shows this clearly.