- published: 19 Jul 2014
- views: 104746
A black market or underground economy is a market in goods or services which operates outside the formal one(s) supported by established state power. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. "the black market in bush meat" or the state jurisdiction "the black market in China".
It is distinct from the grey market, in which commodities are distributed through channels which, while legal, are unofficial, unauthorized, or unintended by the original manufacturer, and the white market, the legal market for goods and services.
Worldwide, the underground economy is estimated to have provided 1.8 billion jobs.
The literature on the black market has avoided a common usage and has instead offered a plethora of appellations including: subterranean; hidden; grey; shadow; informal; clandestine; illegal; unobserved; unreported; unrecorded; second; parallel and black. This profusion of vague labels attests to the confusion of a literature attempting to explore a largely uncharted area of economic activity.
The Black is a rock band from Austin, Texas that formed in 2002 when singer/songwriter David Longoria began collaborating with drummer Andy Morales. The two were later joined by renowned guitarist Alan Schaefer (son of famous guitar maker Ed Schaefer) and Nick Moulos of the Austin band The Crackpipes.
The group began playing regularly at Emo's and house parties until Schaefer moved to France to teach English in 2004. Longoria joined major label act …And You Will Know Us by the Trail of Dead during the band's hiatus, his first performance with them on The Late Show with David Letterman in January 2005. Schaefer joined the rest of the band to support Trail of Dead on their European Worlds Apart tour. During the tour Trail of Dead was the band's backing band for a handful of shows.
Their full-length album Tanglewood was recorded in 2004 and released the spring of 2005 on their own record label K Woo.
The band's next release, titled Donna, was released in the summer of 2007.
There are also two other bands with the same name which formed earlier : an Italian Doom Metal band formed in 1988 and a Swedish Black Metal band formed in 1991. Both are still active nowadays.
Love like a needle full of methadone,
Potent but not real, left you wanting more.
Lipstick track marks bleeding wet,
like Montagues and Capulets,
For us child, the stars refuse to shine.
Oh well, for us child the stars refuse to shine.
Somewhere strung-out on the lamb, we wound up back here again,
Like unstable chemicals combining only to explode,
What would it take for you to notice?
That I am a heart on fire and all the world's the fuse, so don't get close.
Trouble and the worth, am I better off on my own?
Contaminated quarantine, then left alone.
A shipment refused, a trust unkown.
Damaged goods they soon forget,
A choking dust where we got left,
For us all the stars refuse to shine.
So tap the vein and light the match, we burn like stars before the crash,
But for you there's still a chance, just let go.
What would it take for you to notice?
That I am a heart on fire and all the world's the fuse, so don't get close.
Trouble and the worth, I'm better off on my own,
On my own.
Now there's no way to run,
and yeah there's nowhere to hide.
There's nothing under the sun,
we haven't already tried.
What would it take for you to notice?
That I am a hand grenade, pin already pulled so don't let go.
As we chase the sun, my shadow slows us down.
Without me you know, you're better off.
And I know, you're better off.
And I know, and I know.