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Poor Inheritance


Poor Inheritance
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Inheriting Wealth In America


Inheriting Wealth In America
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Author : Edward N. Wolff
language : en
Publisher: Oxford University Press
Release Date : 2015-01-27

Inheriting Wealth In America written by Edward N. Wolff and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-27 with Business & Economics categories.


Inheritances are often regarded as a societal "evil," enabling great fortunes to be passed from one generation to another, thus exacerbating wealth inequality and reducing wealth mobility. Discussions of inheritances in America bring to mind the Vanderbilts, Rockefellers, and "trust fund babies"---people who receive enough money through inheritances or gifts that they do not have any need to work during their lifetime. Though these are, of course, extreme outliers, inheritances in America have a reputation for being a way the rich keep getting richer. In Inheriting Wealth in America, Edward Wolff seeks to counter these misconceptions with data and arguments that illuminate who inherits what in the United States and what results from these wealth transfers. Using data from the Survey of Consumer Finances---a triennial survey conducted by the Federal Reserve Board that contains detailed information on household wealth, inheritances, and gifts---as well as the Panel Study of Income Dynamics and a simulation model over years 1989 to 2010, Wolff reports six major findings on the state of inheritances in America. First, wealth transfers (inheritances and gifts) accounted for less than one quarter of household wealth. However, for persons age 75 and over, the figure was about two-fifths since they have more time to receive wealth transfers. Indirect evidence, derived from the simulation model, indicates a figure closer to two-thirds at end of life - probably the best estimate. Second, despite prognostications of a coming "inheritance boom," it has not materialized yet. Only a small (and statistically insignificant) uptick in average wealth transfers was observed over the period, and wealth transfers were actually down as a share of household wealth. Third, while wealth transfers are greater in dollar amount for richer households than poorer ones, they constitute a smaller share of the accumulated wealth of the rich. Fourth, contrary to popular belief, inheritances and gifts, on net, reduce wealth inequality rather than raising it. The rationale is that inheritances and particularly gifts typically flow from richer to poorer persons, thus lowering wealth inequality. Fifth, despite a rapid rise in income inequality, the inequality of wealth transfers shows no discernible time trend from 1989 to 2010, neither upward nor downward. Sixth, among the very wealthy, the share of wealth accounted for by wealth transfers is surprisingly low, only about a sixth, and this share has trended significantly downward over time. It is true that inheritances and gifts are unequal, with only one fifth of families receiving wealth transfers and these transfers benefitting the rich far more than the middle class and the poor. That, however, is not the whole picture of inheritances in America. Clearly-written and illuminating, this books expertly distills an abundance of data on inheritances into important takeaways for all who wonder about the current state of inheritances and gifts in the United States.



The Social Economics Of Poverty


The Social Economics Of Poverty
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Author : Christopher B. Barrett
language : en
Publisher: Routledge
Release Date : 2006-10-03

The Social Economics Of Poverty written by Christopher B. Barrett and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-03 with Business & Economics categories.


A unique analysis of the moral and social dimensions of microeconomic behaviour in developing countries, this book calls into question standard notions of rationality and many of the assumptions of neo-classical economics, and shows how these are inappropriate in communities with widespread disparity in incomes. This book will prove to be essential for students studying development economics.



The Legacy Of Ronald Dworkin


The Legacy Of Ronald Dworkin
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Author : Wilfrid J. Waluchow
language : en
Publisher: Oxford University Press
Release Date : 2016

The Legacy Of Ronald Dworkin written by Wilfrid J. Waluchow and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Law categories.


This book comprises sixteen papers selected from the 2014 McMaster University Philosophy of Law Conference (lawconf.mcmaster.ca) on the legacy of Ronald Dworkin (lawconf.mcmaster.ca). These pieces touch upon many aspects of Ronald Dworkin?s wide-ranging contributions to philosophy and jurisprudence, including his theory of value, political philosophy, moral philosophy, philosophy of international law, and legal philosophy. The book?s organizing principle and theme reflects Dworkin?s self-conception as a builder of a unified theory of value. Part I addresses the most abstract and general aspect of Dworkin?s work?the unity of value thesis. Part II comprises works that address themes from Dworkin?s political philosophy, including his discussions of authority, civil disobedience, the legitimacy of states and the international legal system, distributive justice, collective responsibility, and Dworkin?s master value of dignity and the associated values of equality, and respect. Part III addresses various aspects of Dworkin?s general theory of law. Part IV comprises pieces that offer accounts of the structure and defining values of discrete areas of law, including constitutional law, the law of contract, and procedural law.



Strategy Beyond The Hockey Stick


Strategy Beyond The Hockey Stick
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Author : Chris Bradley
language : en
Publisher: John Wiley & Sons
Release Date : 2018-02-06

Strategy Beyond The Hockey Stick written by Chris Bradley and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-06 with Business & Economics categories.


Beat the odds with a bold strategy from McKinsey & Company "Every once in a while, a genuinely fresh approach to business strategy appears" —legendary business professor Richard Rumelt, UCLA McKinsey & Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies. Strategy Beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. "This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development." —Frans Van Houten, CEO, Royal Philips N.V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. This is not another strategy framework. Rather, Strategy Beyond the Hockey Stick shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia. "A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams." —Jane Fraser, CEO, Citigroup Latin America



Wealth Poverty And Enduring Inequality


Wealth Poverty And Enduring Inequality
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Author : Sarah Kerr
language : en
Publisher: Policy Press
Release Date : 2024-09-27

Wealth Poverty And Enduring Inequality written by Sarah Kerr and has been published by Policy Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-27 with Political Science categories.


The rich and the poor in the UK are subject to radically different legislative approaches. While the behaviours of the poor are relentlessly scrutinised, those of the rich are ignored or enabled. In this book, Sarah Kerr suggests that we live in a state of ‘wealtherty’, characterised by the hyper-concentration of wealth and a stark distinction between the rich and the rest. Drawing on evidence from the 1500s onwards, she reveals a long history of government scrutiny of the poor and ignorance of the rich. She contests contemporary policy and practice which disregards the enduring role of the rich in the production of poverty and poverty in the production of the rich. In pursuit of social and economic justice, this radical book challenges policy makers and researchers to stop talking about poverty and to start addressing the problems caused by wealtherty.



Inheriting Wisdom


Inheriting Wisdom
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Author : Everett Ferguson
language : en
Publisher: Hendrickson Publishers
Release Date : 2004

Inheriting Wisdom written by Everett Ferguson and has been published by Hendrickson Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Religion categories.


So many concerns of today's world require nuanced consideration and a sensitive response. Yet human nature and spiritual need remain remarkably constant. Practical, moral, and spiritual struggles are not peculiar to modern life. Early Christians looked at all things through the lens of God and Christ, including those that today we would consider secular in nature, as the wide range of subjects these writers addressed clearly demonstrates. The words of Christian writers such as Tertullian, Jerome, John Chrysostom, Basil of Caesarea, and Clement of Alexandria are organized around familiar, everyday themes. In study, reflection, or devotional reading, use this book to look through their eyes at our issues -- and, perhaps, find a deepened and sharpened awareness of what it means to choose the Christian life. Introduced, organized, and translated by Everett Ferguson, these quotes are arranged to allow the ancient authors to speak for themselves. Inheriting Wisdom will refresh modern readers with the rich resources of early Christianity and provide direction and guidance for the twenty-first century.



Wealth Poverty And Charity In Jewish Antiquity


Wealth Poverty And Charity In Jewish Antiquity
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Author : Gregg E. Gardner
language : en
Publisher: Univ of California Press
Release Date : 2022-05-24

Wealth Poverty And Charity In Jewish Antiquity written by Gregg E. Gardner and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-24 with History categories.


Charity is central to the Jewish tradition. In this formative study, Gregg E. Gardner takes on this concept to examine the beginnings of Jewish thought on care for the poor. Focusing on writings of the earliest rabbis from the third century c.e., Gardner shows how the ancient rabbis saw the problem of poverty primarily as questions related to wealth—how it is gained and lost, how it distinguishes rich from poor, and how to convince people to part with their wealth. Contributing to our understanding of the history of religions, Wealth, Poverty, and Charity in Jewish Antiquity demonstrates that a focus on wealth can provide us with a fuller understanding of charity in Jewish thought and the larger world from which Judaism and Christianity emerged.



The Swifts A Gallery Of Rogues


The Swifts A Gallery Of Rogues
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Author : Beth Lincoln
language : en
Publisher: Random House
Release Date : 2024-08-22

The Swifts A Gallery Of Rogues written by Beth Lincoln and has been published by Random House this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-08-22 with Juvenile Fiction categories.


Sequel to the New York Times-bestselling The Swifts - a gleeful gothic mystery perfect for fans of Lemony Snicket and Robin Stevens. Shenanigan Swift hates burglars . . . So when the famous criminal gang Ouvolpo target Swift House and swap a valuable painting for an exploding inflatable bird, Shenanigan sets off in pursuit, determined to make them pay The trail leads to Paris, home of her eccentric French cousins, the Martinets. The two sides of the Family have been squabbling for centuries, but when a body is discovered at the scene of Ouvolpo's latest robbery, the quarrelsome cousins must join forces to solve the mystery Did Ouvolpo kill hotel caretaker Bernard? Why is Uncle Maelstrom wearing an earring again? And what does it all have to do with a disappearing clown Can Shenanigan uncover the answers and set right a century-old injustice? Or will she be left adrift as her Family pulls itself apart? The Swifts won the 2023 Nero Children’s Fiction Award and the Barnes & Noble Children's Book Award, and was nominated for the Carnegie Medal.



Proceedings Of The Board Of Supervisors Of The County Of Washtenaw


Proceedings Of The Board Of Supervisors Of The County Of Washtenaw
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Author : Washtenaw County (Mich.). Board of Supervisors
language : en
Publisher:
Release Date : 1898

Proceedings Of The Board Of Supervisors Of The County Of Washtenaw written by Washtenaw County (Mich.). Board of Supervisors and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1898 with Washtenaw County (Mich.) categories.




Whose Body Is It Anyway


Whose Body Is It Anyway
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Author : Cécile Fabre
language : en
Publisher: OUP Oxford
Release Date : 2006-04-06

Whose Body Is It Anyway written by Cécile Fabre and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-06 with Philosophy categories.


In the prevailing liberal ethos, if there is one thing that is beyond the reach of others, it is our body in particular, and our person in general: our legal and political tradition is such that we have the right to deny others access to our person and body, even though doing so would harm those who need personal services from us, or body parts. However, we lack the right to use ourselves as we wish in order to raise income, even though we do not necessarily harm others by doing so---even though we might in fact benefit them by doing so. Cécile Fabre's aim in this book is to show that, according to the principles of distributive justice which inform most liberal democracies, both in practice and in theory, it should be exactly the other way around: that is, if it is true that we lack the right to withhold access to material resources from those who need them, we also lack the right to withhold access to our body from those who need it; but we do, under some circumstances, have the right to decide how to use it in order to raise income. More specifically, she argues in favour of the confiscation of body parts and personal services, as well as of the commercialization of organs, sex, and reproductive capacities.