Over the last 25 years, nearly two billion people across the globe have risen out of poverty and income levels have risen worldwide. Yet in the US, the top 1% earn twice the amount of income as the poorest 50% of the population. In the midst of rising prosperity, economic dissatisfaction--driven by the persistent fear felt by many that they are "falling behind"--is higher than at any point since the 1930s. In Understanding Economic Inequality, the author brings an economist's perspective informed by new, groundbreaking research on inequality from philosophy, sociology, psychology, and political science and presents it in a form that it is accessible to those who want to understand our world, our society, our politics, our paychecks, and our neighbors' paychecks better.As any history of the 21st century would be incomplete without understanding "the 99% versus the 1%", the insights provided by the author will prove valuable to any reader. This book also provides the foundation for undergraduate courses on wealth and income inequality, and an essential reading for introductory economics, labor economics, public policy, law, or sociology courses.
This book also provides the foundation for undergraduate courses on wealth and income inequality, and an essential reading for introductory economics, labor economics, public policy, law, or sociology courses.
passed the Wall Street Reform and Consumer Protection Act, more commonly known as Dodd-Frank, named after its two cosponsors, Senator Christopher Dodd and Representative Barney Frank. The new law reined in many of the deregulatory ...
While income and wealth inequality across all populations is the primary focus, the contributions to this book pay special attention to the middle class, a segment often not addressed in inequality literature.
Building on this analysis the book argues for an integrated set of policies addressing the roots of inequalities in incomes and wealth Explaining Inequality will be of interest to students, researchers and practitioners concerned with ...
This work now appears in English for the first time.
Professor Becker has selected seminal papers covering topics including foundations of income inequality measurement, the social welfare view of inequality and directions for future research on economic inequality.
Arguments of neoclassical economists and Marxist and institutional structuralists are considered by Osberg as well as putting forward his own model.
Understanding economic inequality in the United States can be complicated. This book tries to make it simple.
Succinct, accessible, and authoritative, this is the ideal place to start for those who want to understand the fundamental issues at the heart of one of the most pressing concerns in contemporary economics and politics.
What does "economic inequality" mean? How is it measured? Why should we care? Why did inequality rise in the United States? Is rising inequality an inevitable feature of capitalism? What should we do about it?