Road to Sociology Watch, 6/9

The contents of the latest Journal of Economic Literature

The June issue of the Journal of Economic Literature (one of the major journals published by the American Economic Association) includes this abstract:

(3) Stratification Economics: Core Constructs and Policy Implications Grieve Chelwa, Darrick Hamilton and James Stewart This article introduces the core constructs of stratification economics to provide a coherent explanation for the persistence of intergroup inequalities. Aligned with the critical race theory concept of "the property rights in Whiteness," stratification economics explicitly incorporates the concepts of identity-group investment and group-based agency in the construction of identity-group hierarchies. We survey the intellectual lineage, foundations, tenets and theoretical underpinnings of stratification economics, and conclude with a treatise on inclusive economic rights as an appropriate policy frame to empower people and counteract structural inequalities generated from inter-group conflict and competition for preferred outcomes.

Here is the table of contents for the entire issue:

Symposium: Race and Economic Literature—Introduction (#2)
Trevon D. Logan and Samuel L. Myers Jr.Full-Text Access | Supplementary Materials
Stratification Economics: Core Constructs and Policy Implications (#3)
Grieve Chelwa, Darrick Hamilton and James StewartFull-Text Access | Supplementary Materials
Position and Possessions: Stratification Economics and Intergroup Inequality (#4)
William A. Darity, Jr.Full-Text Access | Supplementary Materials
A Nation of Laws, and Race Laws (#5)
Nina Banks and Warren C. WhatleyFull-Text Access | Supplementary Materials
Black Economists on Race and Policy: Contributions to Education, Poverty and Mobility, and Public Finance (#6)
Dania V. Francis, Bradley L. Hardy and Damon JonesFull-Text Access | Supplementary Materials
Racial Isolation and Marginalization of Economic Research on Race and Crime (#7)
Patrick L. Mason, Samuel L. Myers Jr. and Margaret SimmsFull-Text Access | Supplementary Materials
An Analysis of the Literature on International Unconventional Monetary Policy (#8)
Saroj Bhattarai and Christopher J. NeelyFull-Text Access | Supplementary Materials
Satisficing: Integrating Two Traditions (#9)
Florian M. Artinger, Gerd Gigerenzer and Perke JacobsFull-Text Access | Supplementary Materials

Also, Randall G. Holcombe writes,

This year, 622 papers were presented at the meeting, and 115 of them were published in the May issue of the American Economic Review. . .

There were no articles on inflation, and no articles on supply chain issues, despite the frequent appearance of those issues in the popular press. While the general public looks at the economy and is concerned about rising inflation, the rapidly increasing national debt, and supply chain issues that disrupt markets, academic economists appear to have much more interest in issues surrounding Diversity, Equity, and Inclusion. Welcome to the Ivory tower.

Pointer from Don Boudreaux. Recall that Jeremy Horpedahl and I documented this trend.