William A. "Sandy" Darity Jr. (born April 19,1953)[1] is an American economist and social scientist at Duke University. Darity's research spans economic history,development economics,economic psychology,and the history of economic thought,but most of his research is devoted to group-based inequality,especially with respect to race and ethnicity.[2] His 2005 paper in the Journal of Economics and Finance[3] established Darity as the "founder of stratification economics."[4][5][6] His varied research interests have also included the trans-Atlantic slave trade,African American reparations and the economics of black reparations,and social and economic policies that affect inequities by race and ethnicity.[7] For the latter,he has been described as "perhaps the country’s leading scholar on the economics of racial inequality."[8]
He is currently the Samuel DuBois Cook Professor of Public Policy,African and African American Studies,and Economics at Duke University;he is also the director of the Samuel DuBois Cook Center on Social Equity at Duke University.[9][10] Previously he was the Cary C. Boshamer Professor of Economics and Sociology at the University of North Carolina.[11] Darity was a visiting scholar at the Federal Reserve's board of governors in 1984,a fellow at the National Humanities Center (1989–1990),a Visiting Fellow at the Center for the Advanced Study in the Behavioral Sciences (2011–2012),and a visiting senior fellow at the Russell Sage Foundation. For the 2022–2023 academic year,he is the Katherine Hampson Bessett Fellow at the Radcliffe Institute. He is also a former president of the National Economic Association (1986),the Southern Economic Association (1996),[12] and the Association of Black Sociologists (2015–2017).
Darity was awarded the 2012 Westerfield Award from the National Economic Association,their highest honor. Previous recipients include Nobel Laureate Sir W. Arthur Lewis,Phyllis Ann Wallace and Marcus Alexis.[14] He was also honored as the Lewis-Oaxaca Distinguished Lecturer at the 2016 American Economic Association's Summer Mentoring Pipeline Conference. Other accolades include the 2021 Theodore W. Schultz Memorial Award and Lecture from the Agricultural and Applied Economics Association,the 2021 Defender of Justice Award for Research and Advocacy from the North Carolina Justice Center,and the 2022 Raymond Gavins Distinguished Faculty Award from the Samuel DuBois Cook Society at Duke University. He has received honorary degrees from Bard College (2021) and The New School (2022). He was named a Fellow of the National Academy of Social Insurance in 2021 and the W.E.B. Du Bois Fellow of the American Academy of Political and Social Science in 2022. Darity was a Harvard Radcliffe Institute Fellow in the 2022–23 academic year. He was also a 2023 Distinguished Fellow of the Southern Economic Association and a 2024 Distinguished Fellow of the American Economic Association. In 2024 Darity received the William Spriggs Memorial Award from the Association for Public Policy Analysis and Management.
University of North Carolina
After joining the staff in 1983,Darity became the Cary C. Bohamer Professor of Economics and Sociology at the University of North Carolina[11] He taught economics and was a research professor of public policy,African and African-American studies,and economics.[12] He directed the economics department's undergraduate honors and graduate studies programs.[7][12]
In 2001 he was appointed Director of UNC's Institute of African American Research.[11][12] The institute's stated mission is "to help lead scholarly investigation into all aspects of black life,as well as public and private policies and programs affecting their lives."[12]
Duke University
As of 2014,Darity is Samuel DuBois Cook Professor of Public Policy,African and African American Studies,and Economics at Duke University.[7] He is the founding director of the Samuel DuBois Cook Center on Social Equity (established 2015).[14]
Darity's research has been wide-ranging,but a central organizing theme of his work has been exploration of multiple aspects of economic inequality. That interest has led him to examine the phenomenon of colorism,discrimination in the labor market and "marriage market" outcomes,parallels between caste inequality in India and racial inequality in the United States,ethnic diversity and conflict,the social psychological effects of exposure to unemployment,and schooling and the racial achievement gap. At the international level,Darity has studied financial crises in developing countries,[7] North-South theories of development and trade,and the relationship between the Trans-Atlantic slave trade and the Industrial Revolution. He also has examined the relationship between research in the social sciences on race and racism and African American fictional literature and film.
Darity has published extensively on racial economic inequality,wealth disparities,and reparations.[16] His 2020 book "From Here to Equality:Reparations for Black Americans in the Twenty-First Century," co-authored with A. Kirsten Mullen,presents a comprehensive case for reparations for descendants of enslaved people in the United States.[17]
Stratification Economics
Darity coined the term "stratification economics" in 2005,[18] establishing a subfield that insights from economics,sociology,and social psychology to explain persistent group-based economic disparities
Darity's work draws from diverse intellectual traditions,including Veblenian evolutionary economics,Du Bois's historical empiricism,and social identity theory to create a comprehensive framework for understanding group inequality.[19] Darity's contributions synthesize these perspectives to argue that the maintenance of social hierarchies serves the material interests of dominant groups.[20] His work emphasizes that discrimination is not merely a market imperfection but a strategic behavior that preserves advantageous positions.[21] This theoretical foundation has economic and policy implications,as Darity argues that addressing human capital disparities alone is insufficient,and challenges neoclassical economic theories that view discrimination as irrational market behavior.[22] Darity's economic research suggests that dominant groups rationally maintain economic hierarchies through collective action and institutional mechanisms,[23] and that broad public interventions and identity-conscious policies are needed to disrupt entrenched patterns of stratification.[24]
Notable studies
Discrimination in employment
With Samuel Myers Jr.,Darity conducted a series of studies on the statistical measurement of discrimination in labor markets.[25] In 1998,he published his most cited paper with Patrick Mason in the Journal of Economic Perspective where they advanced a detailed critique of the two dominant theoretical approaches to discrimination in economics,the taste and the statistical models.[26] His research with Arthur Goldsmith on the psycho-emotional impact of joblessness led to a companion study demonstrating that taking into account motivation more than offset the negative impact on estimates of discrimination from inclusion of measures of Armed Forces Qualification Test Scores in the analysis.[27] With Major Coleman and Rhonda Sharpe,Darity was a member of a team that found in a paper published in the American Journal of Economics and Sociology in 2008 that white workers tend to grossly over-report their exposure to discrimination in the workplace,while black workers tend to grossly under-report their exposure to discrimination in the workplace.[28]
Baby bonds program
With economist Darrick Hamilton,Darity has proposed a federal asset building program aimed at remediating the racial wealth gap.[29] Popularly labeled "baby bonds," the program calls for the issuance of a publicly funded trust account for each newborn child accessible when the child reaches young adulthood.[30] The amount of the trust account is to be calibrated on the basis of the child's family's wealth position.
Job guarantee
A long-time advocate of a federal job guarantee,in 2012,in response to the protracted economic crisis produced by the Great Recession,Darity called for establishment of the National Investment Employment Corps,assuring all U.S. citizens over the age of 18 employed work at a salary above the poverty line as well as the standard benefits package for all civil servants,including medical coverage and retirement savings.[31][32]
Reparations
In 1989,while preparing the introduction for a volume of essays,edited by Richard America,by economists gauging the size of a reparations fund for African Americans,Darity became convinced that a program of redress of this type is an essential step that must be taken by the nation. He has spent the subsequent three decades doing intensive research on and engaged in advocacy for black reparations. As early as 2003,he published a paper coauthored with Dania Frank Francis in the proceedings of the American Economic Association called “The Economics of Reparations.”[25] Subsequently,in 2008,he published the article “Forty Acres and a Mule in the Twenty-First Century”in Social Science Quarterly.[25] In 2020,with A. Kirsten Mullen,he published From Here to Equality:Reparations for Black Americans in the Twenty-First Century,a book that synthesized and extended his previous work on the topic.
As a leading voice in the current national conversation on African American reparations,Darity argues recipients must be black Americans whose ancestors were enslaved in the United States,the monetary target must be sufficient funds to eliminate black-white differences in average wealth,the federal government must execute the program,and the major form of outlays must be direct payments to eligible recipients.
Partial publication history
Labor Economics:Problems in Analyzing Labor Markets (1992,editor)[33]
↑ Goldsmith, Arthur H.; Darity, William A.; Veum, Jonathan R. (2018). "Race, Cognitive Skills, Psychological Capital and Wages*". The Review of Black Political Economy. Fall 1998: 173–186. doi:10.4324/9781351320443-13. ISBN9781351320443.
↑ Coleman, Major G.; Darity Jr., William A.; Sharpe, Rhonda V. (2008). "Are Reports of Discrimination Valid? Considering the Moral Hazard Effect". The American Journal of Economics and Sociology. 67 (2): 149–176. doi:10.1111/j.1536-7150.2008.00566.x.
↑ Darity, William (2010). "Can 'Baby Bonds' Eliminate the Racial Wealth Gap in Putative Post-Racial America?". The Review of Black Political Economy. Vol.37, no.3–4. vol. 37. pp.207–216. doi:10.1007/s12114-010-9063-1.
↑ Labor economics: problems in analyzing labor markets. Darity, William A. Jr. Boston: Kluwer Academic. 1993. ISBN0-7923-9260-4. OCLC26013947.{{cite book}}: CS1 maint: others (link)
↑ Darity, William A. Jr. (1998). Persistent disparity: race and economic inequality in the United States since 1945. Myers, Samuel L. Cheltenham, UK: E. Elgar Pub. ISBN1-85898-658-3. OCLC37315423.
↑ International encyclopedia of the social sciences. Darity, William A. Jr. (2nded.). Detroit: Macmillan Reference USA. 2008. ISBN978-0-02-865965-7. OCLC162146038.{{cite book}}: CS1 maint: others (link)
↑ Cottom, Tressie McMillan; Darity, William A. Jr., eds. (April 3, 2017). For-profit universities: the shifting landscape of marketized higher education. Cham, Switzerland. ISBN978-3-319-47187-7. OCLC981463373.{{cite book}}: CS1 maint: location missing publisher (link)
↑ Darity, William A. Jr.; Mullen, A. Kirsten (March 3, 2020). From Here to Equality. Chapel Hill, North Carolina. ISBN978-1-4696-7120-8. OCLC1143219156.{{cite book}}: CS1 maint: location missing publisher (link)
↑ Darity, William A. Jr.; Mullen, A. Kirsten; Lucas Hubbard, eds. (May 23, 2023). The Black Reparations Project: A Handbook for Racial Justice. Oakland, California. ISBN978-0-520-38381-4. OCLC1375295921.{{cite book}}: CS1 maint: location missing publisher (link)
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