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To the question "Are the rich getting richer?" Hacker notes that in 1979, 13,505 individuals or families earned the equivalent of $1 million per year. Only fifteen years later, that number had jumped to an incredible 68,064. The last few decades have indeed witnessed the rise of the "$1 Million a Year" American. The rich are getting richer, and more people are joining their ranks, but the lower income echelon is not dwindling. One in five children...
2) Raising the floor: how a universal basic income can renew our economy and rebuild the American dream
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"The former president of the Service Employees International Union draws on extensive interviews with economists, labor leaders, bankers and others on how advances in technology are creating better products at the expense of the middle class, outlining strategies focused on a controversial "universal basic income" that provides for near-future needs."--NoveList.
"Raising the Floor confronts America's biggest economic challenge-the fundamental restructuring...
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"One of the world's leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic...
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Income Distribution was written primarily as a textbook intended for undergraduate economics majors. The material, however, is treated with sufficient rigor to meet the needs of first year graduate students also. The book may also serve the needs of sociologists and political scientists who are primarily interested in the related social justice topics of income inequality and poverty. Each chapter is logically connected with the preceding chapters,...
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"During the 1960s and 1970s, policymakers in three presidential administrations tried to replace the nation's existing welfare system with a revolutionary program to guarantee Americans' basic economic security. Surprisingly from today's vantage point, guaranteed income plans received broad bipartisan support in the 1960s. The failure of these proposals marked the federal government's last direct effort to alleviate poverty among the least advantaged...
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In this concise and elegant work, first published in 1952, Bertrand de Jouvenel purposely ignores the economic evidence that redistributional efforts sap incentives and are economically destructive. Rather, he stresses the commonly disregarded ethical arguments showing that redistribution is ethically indefensible for, and practically unworkable in, a complex society. A new introduction relates Jouvenel's arguments to current discussions about the...
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Providing a basic income to everyone, rich or poor, active or inactive, was advocated by Paine, Mill, and Galbraith but the idea was never taken seriously. Today, with the welfare state creaking, it is one of the world's most widely debated proposals. Philippe Van Parijs and Yannick Vanderborght present a comprehensive defense of this radical idea--Provided by publisher.
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"The most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges is cause for concern; real median family income has hardly risen since the early 1970s, while inequality has increased and poverty has remained high. Yet consumption-based statistics as employed in this work yield rigorous and quite different estimates of individual and social welfare. Closely linked to economic...
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"This book investigates the relationship between the character of political regimes in Russia's subnational regions and the structure of earnings and income. Based on extensive data from Russian official sources and surveys conducted by the World Bank, the book shows that income inequality is higher in more pluralistic regions. It argues that the relationship between firms and government differs between more democratic and more authoritarian regional...
18) On inequality
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Economic inequality is one of the most divisive issues of our time. Yet few would argue that inequality is a greater evil than poverty. The poor suffer because they don't have enough, not because others have more, and some have far too much. So why do many people appear to be more distressed by the rich than by the poor? This provocative book presents a compelling and unsettling response to those who believe that the goal of social justice should...
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