Black American Money

by Boyce D. Watkins

In this book, Dr. Boyce Watkins breaks down how black power can thrive in a capitalist society. In his standard down-to-earth style, Dr. Watkins explains how capitalism works in America and why money stands in the way of true racial equality. This is a must-read for those seeking to understand the next generation in the pursuit of Civil Rights.

234 pages, Paperback

First published January 15, 2010

About the author

Dr. Boyce D. Watkins earned BA and BS degrees from The University of Kentucky with a nearly perfect GPA and a triple major in Finance, Economics and Business Management. In college, he was selected as the Wall Street Journal Outstanding Graduating Senior in Finance, Freshman of the Year, and the Lyman T. Johnson Outstanding Graduating Senior. He then earned a Masters Degree in Mathematical Statistics from The University of Kentucky and a PhD in Finance from The Ohio State University. He now teaches Finance at Syracuse University, where he is the first African-American faculty member in the history of the Department of Finance. Of nearly 4,000 Finance Faculty in the U.S., Dr. Watkins is one of only 5 African-Americans teaching at a top 50-business school, and the only African-American to earn a PhD in Finance during the year 2002 . He is the author of "Everything you ever wanted to know about college – a guide for minority students" and "The Parental 411 – What every parent should know about their child in college". He is also the National Director of the Step up and go to college tour, which is going to 18 cities during the 2004-2005 academic year.

Reviews

[Kenny Parris]

Very easy read. He gave some great insight into why blacks are at a disadvantage from birth economically, but also how we can counter that through financially educating ourselves. I enjoyed the first half more than the second because of my expectation. I was expecting the first half to be a foundation on who Dr. Boyce is (which it was, and engagingly so) and the second to delve into financial advice. However, that financial advice never came. I personally was looking for some hidden tips, but this was more so an autobiography of his youth and career mostly.

Don't get me wrong, he dropped some jewels and got me thinking of more proactive ways to grow my money so me and my family don't suffer due to my ignorance. But the jewels were created from maybe a more clear or reinforced understanding of the black plight (which is important but not what I was going for), than from specific financial tips on ways to invest my money. I guess I can continue to find that type of financial advice on my own, which I've already done a good job of.

[Damascus]

Good Read, Informational

I enjoyed the book. Very informative not quite what I expected but still somewhat valuable to developing the right financial mindset.