This article examines some of the reasons why banks and insurance companies have been accused of discrimination, and shows that this is by and large a false accusation. Economic analysis demonstrates that racial discrimination is not a profit-maximizing strategy. Actually, unwise public policies are actually precluding many consumers from the market.
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Citation (Chicago Style)
Block, Walter E., Nicholas Snow and Edward Stringham. "Banks, Insurance Companies, and Discrimination." Business and Society Review, 113, no. 3, (2008): 403-419.