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Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. Taxes and transfers have been debated for centuries, but only now can we get a clear view of the whole evolution of social spending. What kept prospering nations from using taxes for social programs until the end of the nineteenth century? Why did taxes and spending then grow so much, and what are the prospects for social...
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As events highlight deep divisions in attitudes between America and Europe, this is a very timely study of different approaches to the problems of domestic inequality and poverty. Based on careful and systematic analysis of national data, the authors describe just how different the two continents are in the level of their State engagement in the redistribution of income. They go through various possible economic explanations for the difference, including...
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"Harvard economist Richard B. Freeman argues that it is now time to stop analyzing the causes and consequences of inequality and concentrate on doing something about it. He also offers real solutions: Raise the income of the working class, reinvest in cities, and reenergize democratic institutions through the encouragement of local citizen organizations." "Responding essays by distinguished scholars and activists - James Tobin, Heidi Hartmann, Michael...
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Essay on the political aspects of poverty and social assistance in the USA, from 1960 to 1983 - covers the impact of structural unemployment, downward social mobility, and the plight of blacks, hispanics, American Indians, immigrants, irregular migrants and unmarried mothers (female headed households); criticizes the Reagan fiscal policy as causing income redistribution away from low income groups towards the middle class or wealthy.
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America Unequal demonstrates how powerful economic forces have diminished the prospects of millions of Americans and why "a rising tide no longer lifts all boats." Changes in the economy, public policies, and family structure have contributed to slow growth in family incomes and rising economic inequality. Poverty remains high because of an erosion of employment opportunities for less-skilled workers, not because of an erosion of the work ethic; because...
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Achim Kemmerling illustrates that tax-based redistribution and employment are not incompatible, and that the shift away from redistribution has not occurred on grounds of economic efficiency. He goes on to show that a long-term shift from capital to labor taxation has provoked conflicts of interests between workers that have weakened the political cause of tax-based redistribution. This interdisciplinary account of the political economy of taxing...
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Everybody talks about the economy; everybody has complaints or recommendations. Few know what they're talking about. So asserts Robert Eisner - one of our nation's most distinguished economists - in this authoritative analysis of the real and imagined ills of the U.S. economy.
In clear, accessible language, The Misunderstood Economy confronts an array of myths surrounding economic issues. Eisner begins by challenging many of the standards traditionally...
Description
Comprises six papers which examine poverty and income distribution in the USA. Includes: economic growth as an effective tool against poverty; U.S. regional poverty and inequality; international comparisons of income distribution; intergenerational relations and intrahousehold allocations; and the effects of redistribution.
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Palley's book challenges the economic orthodoxies of the political right and center, popularized by such economists as Milton Friedman and Paul Krugman. He marshals a powerful array of economic facts and arguments to show that the interests of working families have gradually been sacrificed to those of corporations. Expanding on traditional Keynesian economics, he argues that, although capitalism is the most productive system ever devised, it also...
Description
According to neoclassical theory, efficient interaction between the profit-maximizing "ideal producer" and the utility-maximizing "ideal consumer" will eventually lead to some sort of social optimum. But is that social optimum the same as human well-being? Human Well-Being and Economic Goals addresses that topic. It brings together more than 75 concise summaries of the most significant writings that consider issues of present and future individual...
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In Created Unequal, Galbraith explains the relationship between economic policy and the structure of pay. He shows why "knowledge" workers have done well and why service workers have not why consumer industries have lost ground and why the true service economy is smaller than you think. Whether you are in the aircraft industry (rich) or the garment business (poor), medicine (up-and-coming despite HMOs) or residential construction (in deep decline),...
Description
"The period 1945-90 is analysed in terms of six main vectors: the interstate system, world production, the world labour force, world human welfare, the social cohesion of states, and the structures of knowledge. The book concludes with two global overviews: one for 1945-1990, and one assessing global possibilities, 1990-2025. It paints a picture of dark days ahead, but one in which there are real historical choices."--Page 4 of cover.
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