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The Stability of the American Business Elite / Peter Temin.
- Format:
- Book
- Author/Creator:
- Temin, Peter.
- Series:
- Historical Working Paper Series (National Bureau of Economic Research) no. h0110.
- NBER historical working paper series no. h0110
- Language:
- English
- Subjects (All):
- Discrimination in employment.
- Discrimination in education.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1998.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1998.
- Summary:
- This paper begins the task of explaining why the American business elite has remained white, male and mostly native-born Protestants for a century, as verified in a previous paper (Temin, 1997). I argue that the evidence is inconsistent with the hypotheses that the stability is due to discrimination on the job or to principal-agent factors. The most likely explanation is that this demographic group makes the best business managers. I suggest that this in turn is not because they are inherently superior, but because they have had access to superior education, a result of past discrimination.
- Notes:
- Print version record
- December 1998.
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