TY - JOUR AU - Fryer,Roland G., Jr. AU - Loury,Glenn C. TI - Affirmative Action and Its Mythology JF - National Bureau of Economic Research Working Paper Series VL - No. 11464 PY - 2005 Y2 - July 2005 UR - http://www.nber.org/papers/w11464 L1 - http://www.nber.org/papers/w11464.pdf N1 - Author contact info: Roland G. Fryer, Jr Department of Economics Harvard University Littauer Center 208 Cambridge, MA 02138 Tel: 617/495-9592 Fax: 617/495-8570 E-Mail: rfryer@fas.harvard.edu Glenn Loury Department of Economics Brown University 64 Waterman Street Providence RI 02912 E-Mail: Glenn_Loury@brown.edu AB - For more than three decades, critics and supporters of affirmative action have fought for the moral high ground ­ through ballot initiatives and lawsuits, in state legislatures, and in varied courts of public opinion. The goal of this paper is to show the clarifying power of economic reasoning to dispel some myths and misconceptions in the racial affirmative action debates. We enumerate seven commonly held (but mistaken) views one often encounters in the folklore about affirmative action (affirmative action may involve goals and timelines, but definitely not quotas, e.g.). Simple economic arguments reveal these seven views to be more myth than fact. ER -