Molly McCarthy posted on April 20, 2026 09:03
Chandan Jha, Ph.D., the John K. Purcell ’65 Endowed Chair in Finance at Le Moyne College, and co-authors published an article in Public Choice. This paper examines the impact of racist behaviors and attitudes on economic growth using cross-national and regional data. The authors find a significant negative correlation, arguing that racism stifles prosperity by eroding social trust. Their findings highlight how discriminatory social environments create measurable barriers to long-term economic development. You may read the paper here.