The authors examine the importance of trust in the decision to join groups, the subsquent ability of groups to generate trust and the effect of group membership and trust on a measure of well-being, per capita household income. Trust in local agents is an important determinant of membership in...

The authors use a sector model to investigate the correlation between the average level of human capital and wages and the correlation between wages and the cost of living, as proxied by the price of land. They analyse intra-race and inter-race human capital externalities. One consequence of...

The article provides an overview of inequalities existing in South Africa at the end of the apartheid era and examines the economic, social, and environmental limits to black advancement. The governmental policy dealing with this gap is analysed. The author argues that the economic arrangements...