Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Archive for the ‘Black History’ Category

Black History Month Feature – Whitney Young, National Urban League

Posted by Hopeton on February 7, 2011

Young was executive director of the National Urban League from 1961 – 1971. Under his leadership, the National Urban League grew from 38 employees to over 1600, becoming a major force in the War on Poverty in the 1960s.  He implemented new skills and job training programs that helped African Americans find employment.  He fought for cities to receive federal assistance to combat the social ills facing African Americans, a strategy President Lyndon Johnson included in his War on Poverty platform.  And he persuaded Corporate America to provide more jobs for African Americans.  For  information on the programs and services of the Austin Area Urban League click here: AAUL.

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Hopeton Hay Presentation on Economic Condition of African Americans March 9

Posted by Hopeton on February 19, 2010

Hopeton Hay, host and producer of Economic Perspectives on KAZI 88.7 FM, will present an overview on the economic condition of African Americans  on March 9, 6 p.m. – 7:30 p.m., at the George Washington Carver Museum ‘s Cultural Lounge, 1165 Angelina St., Austin, Texas.   In addition he also will pay tribute to eight African American Economic Trailblazers, leaders who have opened the doors of opportunity for African Americans and other minorities.

Hopeton Hay

Following the presentation there will be a book signing for the second edition of Dr. Juliet Walker’s award winning book “The History of Black Business in America, Volume 1, To 1865.”

“With the theme of Black History Month this year being the History of Black Economic Empowerment, it is important that we take stock of where we are economically today and honor the contributions of those who have helped African Americans gain better access to business and career opportunities,” says Hay, who is chairman of the Texas NAACP Economic Development Committee.

The African American Economic Trailblazers that will be recognized in Hopeton’s presentation will include:

Reginald Lewis: Lewis was the first African American to own a company with sales exceeding $1 billion,  TLC Beatrice.  Lewis purchased the international division of Beatrice Foods (64 companies in 31 countries) in August 1987 for $985 million, the largest offshore leveraged buyout by an American company at the time.

Alden J. McDonald, Jr.: McDonald has been President and CEO since 1972 of Liberty Bank and Trust Company, headquartered in New Orleans, one of the five largest African-American owned financial institutions in the United States.   He successfully steered Liberty Bank & Trust through the devastation of Hurricane Katrina in 2005 to record profits the following year.

Harriet Michel: Michel has served as president of the National Minority Supplier Development Council since 1988, opening the door for corporate contracting opportunities to African American and other minority-owned businesses.

Parren Mitchell: Mitchell, the first elected Black U.S. congressman from Maryland, led the passage of landmark legislation and laws that required government agencies to establish contracting goals for minority businesses in the 1970s and 80s.

Frank K. Ross: Ross was one of the founders and the first president of the National Association of Black Accountants, which was founded in 1969.  His efforts helped increase the number of African Americans in accounting.

Abraham Venable: Venable was the first African American director of the U.S. Department of Commerce Office of Minority Business Enterprise (now the Minority Business Development Agency), serving as its second national director from 1970-1971. While there he oversaw the beginning of a concerted effort to bring minorities into the mainstream of American business.

Dr. Juliet E. K. Walker: Walker is the author of The History of Black Business in America: Capitalism, Race, Entrepreneurship.  Her book is the only source that provides a detailed study of the continuity, diversity, and multiplicity of independent self-help economic activities among African Americans.

Whitney Young: Young was executive director of the National Urban League from 1961 – 1971. He fought for cities to receive federal assistance to combat the social ills facing African Americans, a strategy President Lyndon Johnson included in his War on Poverty platform.

For more information on the presentation email hopeton@econpers.com.

Many thanks to Richard Glasco State Farm Insurance Agency for their support of the African American Economic Trailblazers.  For your insurance and financial services needs in Central Texas contact Richard Glasco by clicking here.

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History of Black Business Focus of KAZI Book Review & Economic Perspectives

Posted by Hopeton on February 4, 2010

Despite almost four centuries of black independent self-help enterprises, the agency of African Americans in attempting to forge their own economic liberation through business activities and entrepreneurship has remained noticeably absent from the historical record.  Dr. Juliet Walker, author of the award-winning History of Black Business in America will discuss the continuity, diversity, and multiplicity of independent self-help economic activities among African Americans on KAZI Book Review,  February 7, 12:30 p.m. – 1 p.m. central time on KAZI 88.7 FM.  The interview will be rebroadcast on February 8, 5:30 p.m.  – 6 p.m. on Economic Perspectives.  Listen live online to the interview at kazifm.org.

Juliet Walker

Dr. Walker recently updated the History of Black Business in America, dividing the original work into two volumes. The first volume, which was published December 2009, covers African American business history through the end of the Civil War and features the first comprehensive account of black business during the Civil War. By emphasizing the African origins of black business practices and highlighting the contributions of black women, enslaved and free, Walker casts aside the long-held assumption that a “lack of a business tradition” is responsible for the failure of African Americans to establish successful, large-scale enterprises.

Dr. Walker is the founder and director of the Center for Black Business History, Entrepreneurship and Technology at the University of Texas at Austin. She is also a professor in the History Department of the University of Texas at Austin, and has written numerous books in African American history, including Free Frank: A Black Pioneer on the Antebellum Frontier.

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Listen to Interview with Jeffrey Richard on History of Urban League & Status of Austin Area Urban League

Posted by Hopeton on January 31, 2010

Listen to the interview by clicking here: Jeffrey Richard Interview

Austin Area Urban League president Jeffrey Richard discussed the history of the National Urban League on a special Black History Month edition of Economic Perspectives on February 1 on KAZI 88.7 FM. The Urban League was founded in New York in1910 to help improve the social and economic conditions of southern African Americans that had moved north to seek better employment opportunities.

Jeffrey Richard

Richards also discussed the program initiatives of the Austin Area Urban League for 2010.  The Austin Urban League, which was founded in 1977, is one of more than 102 affiliates of the National Urban League, whose mission is to assist African Americans and disadvantaged persons to achieve economic and social equality.

Richards has been president of the Austin Area Urban League since 2005. Prior to joining the Urban League, he was vice president of education for the Greater Austin Chamber of Commerce, where he studied policy and monitored outcomes in K-12 academic achievement and success.  He has more than 15 years of consulting experience and has conducted performance improvement and technology consulting projects for school districts, local governments, and state agencies.

Richard holds a B.S. in Political Science and Economics from Texas Christian University, and a Master’s degree in Urban Economic Development from the John F. Kennedy School of Government at Harvard University.

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