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Stratification Economics as an Economics of Exclusion

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  • John B. Davis

    (Marquette University
    University of Amsterdam)

Abstract

Stratification economics (SE) is an emergent subfield in economics, but its JEL classification misrepresents its content and its relationship to the whole of economics. This paper first develops a more accurate characterization of SE by identifying its differences with mainstream economics (ME), its commonalities with economics in a broad sense, and how the combination of these differences and commonalities define it as a distinct research program. It then applies this definition to an economic goods taxonomy that makes a distinction between local public goods and common pool goods to interpret SE’S distinct research program as an economics of exclusion. The paper closes with a discussion of how SE might explain socioeconomic change in social group identity terms.

Suggested Citation

  • John B. Davis, 2019. "Stratification Economics as an Economics of Exclusion," Journal of Economics, Race, and Policy, Springer, vol. 2(3), pages 163-172, September.
  • Handle: RePEc:spr:joerap:v:2:y:2019:i:3:d:10.1007_s41996-019-00026-0
    DOI: 10.1007/s41996-019-00026-0
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    References listed on IDEAS

    as
    1. John B. Davis, 2016. "Economics Imperialism versus Multidisciplinarity," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 24(3), pages 77-94.
    2. Philip Arestis & Aurelie Charles & Giuseppe Fontana, 2014. "Identity economics meets financialisation: gender, race and occupational stratification in the US labour market," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 38(6), pages 1471-1491.
    3. Flynn,Andrea & Warren,Dorian T. & Wong,Felicia J. & Holmberg,Susan R., 2017. "The Hidden Rules of Race," Cambridge Books, Cambridge University Press, number 9781108417549, September.
    4. Daniel Barth & Nicholas W. Papageorge & Kevin Thom, 2020. "Genetic Endowments and Wealth Inequality," Journal of Political Economy, University of Chicago Press, vol. 128(4), pages 1474-1522.
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    Cited by:

    1. Robert H. Scott & Kenneth Mitchell & Joseph Patten, 2022. "Intergroup disparity among student loan borrowers," Review of Evolutionary Political Economy, Springer, vol. 3(3), pages 515-538, October.
    2. Jacob Jennings & Jacqueline Strenio & Iris Buder, 2022. "Occupational prestige: American stratification," Review of Evolutionary Political Economy, Springer, vol. 3(3), pages 575-598, October.
    3. William Darity & Fenaba R. Addo & Imari Z. Smith, 2021. "A subaltern middle class: The case of the missing “Black bourgeoisie” in America," Contemporary Economic Policy, Western Economic Association International, vol. 39(3), pages 494-502, July.
    4. John B. Davis, 2022. "A general theory of social economic stratification: stigmatization, exclusion, and capability shortfalls," Review of Evolutionary Political Economy, Springer, vol. 3(3), pages 493-513, October.
    5. Paloma Villagómez-Ornelas & Luis Monroy-Gómez-Franco, 2021. "Economic Inequality meets Social Stratification: An Application of Stratification Economics to Mexico," Papers 2021_03, Centro de Estudios Espinosa Yglesias.

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    More about this item

    Keywords

    Stratification; Social group identity; Complex systems; Local public goods; Common pool goods; Exclusion; Political alliance;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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