Banks,Insurance Companies,and Discrimination1 |
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Authors: | WALTER BLOCK NICHOLAS SNOW EDWARD STRINGHAM |
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Abstract: | This article examines some of the reasons why banks and insurance companies have been accused of discrimination, and shows that this is by and large a false accusation. Economic analysis demonstrates that racial discrimination is not a profit‐maximizing strategy. Actually, unwise public policies are actually precluding many consumers from the market. |
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