Stratification Economics as an Economics of Exclusion
John Davis ()
Journal of Economics, Race, and Policy, 2019, vol. 2, issue 3, 163-172
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.
Keywords: Stratification; Social group identity; Complex systems; Local public goods; Common pool goods; Exclusion; Political alliance (search for similar items in EconPapers)
JEL-codes: B41 Z13 (search for similar items in EconPapers)
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