The objective of an educational campaign is to minimize prejudice—or, at least, to bring the conflict between prejudice and ideals out into the open … - Gunnar Myrdal

Looking backward on a period which is finished, we are looking at actually realized returns, costs, etc., as those items are registered in the bookkeeping of business. In such an ex post calculation there is, as we will show later, an exact balance between the invested waiting and the value of gross investment [Phil: he appears to mean savings and investment]. Looking forward there is no such balance except under certain conditions which remain to be ascertained. In the ex ante calculus it is a question not of realized results but of anticipations, calculations, and plans driving the dynamic process forward. Had this distinction been kept in mind, much confusion about “saving and investment” would have been avoided. There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation in which saving is increasing without a corresponding increase in investment, or perhaps with an adverse movement in investment, there must be a tendency ex ante to disparity.

The breakdown of discrimination in one part of the labor market facilitates a similar change in all other parts of it. The vicious circle can be reversed.

Education means an assimilation of white American culture. It decreases the dissimilarity of the Negroes from other Americans.