A Hundred Percent of Nothing by Walter E. Williams

In 1960, Detroit's population was 1.6 million. Blacks were 29 percent, and whites were 70 percent. Today, Detroit's population has fallen precipitously to 707,000, of which blacks are 84 percent and whites 8 percent. Much of the city's decline began with the election of Coleman Young, Detroit's first black mayor and mayor for five terms, who engaged in political favoritism to blacks and tax policies against higher income mostly white people. 

A Hundred Percent of Nothing by Walter E. Williams