The Age Of Increasing Inequality
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The Age Of Increasing Inequality
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Author : Lars Osberg
language : en
Publisher: James Lorimer & Company
Release Date : 2018-09-11
The Age Of Increasing Inequality written by Lars Osberg and has been published by James Lorimer & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-11 with Business & Economics categories.
Canada is in a new era. For 35 years, the country has become vastly wealthier, but most people have not. For the top 1%, and even more forthe top 0.1%, the last 35 years have been a bonanza. Canadians know very well that there's a huge problem. It's expressed in resistance to tax increases, concerns over unaffordable housing, demands for higher minimum wages, and pressure for action on the lack of good full time jobs for new graduates. This book documents the dramatic and rapid growth in inequality. It identifies the causes. And it proposes meaningful steps to halt and reverse this dangerous trend. Lars Osberg looks separately at the top, middle and bottom of Canadian incomes. He provides new data which will surprise, even shock, many readers. He explains how trade deals have contributed to putting a lid on incomes for workers. The gradual decline of unions in the private sector has also been a factor. On the other end of the scale, he explains the growing high salaries for corporate executives, managers, and some fortunate professionals. Lars Osberg believes that increasing inequality is bad for the country, and its unfairness is toxic to public life. But there is nothing inevitable about this, and he points to innovative measures that would produce a fairer distribution of wealth among all Canadians.
Global Inequality
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Author : Branko Milanovic
language : en
Publisher: Harvard University Press
Release Date : 2016-04-11
Global Inequality written by Branko Milanovic and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-11 with Business & Economics categories.
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year 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 justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times
Uneven Tides
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Author : Sheldon H. Danziger
language : en
Publisher: Russell Sage Foundation
Release Date : 1992-12-17
Uneven Tides written by Sheldon H. Danziger and has been published by Russell Sage Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-12-17 with Social Science categories.
Inequality has been on the rise in America for more than two decades. This socially divisive trend began in the economic doldrums of the 1970s and continued through the booming 1980s, when surging economic tides clearly failed to lift all ships. Instead, escalating inequality in both individual earnings and family income widened the gulf between rich and poor and led to the much-publicized decline of the middle class. Uneven Tides brings together a distinguished group of economists to confront the crucial questions about this unprecedented rise in inequality. Just how large and pervasive was it? What were its principal causes? And why did it continue in the 1980s, when previous periods of national economic growth have generally reduced inequality? Reviewing the best current evidence, the essays in Uneven Tides show that rising inequality is a complex phenomenon, the result of a web of circumstances inherent in the nation's current industrial, social, and political situation. Once attributed to the rising supply of inexperienced workers—as baby boomers, new immigrants, and women entered the labor market—the growing inequality in individual earnings is revealed in Uneven Tides to be the direct result of the economy's increasing demand for skilled workers. The authors explore many of the possible causes of this trend, including the employment shift from manufacturing to the service sector, the heightened importance of technology in the workplace, the decline of unionization, and the intensified efforts to compete in a global marketplace. Uneven Tides also examines the equally dramatic growth in the inequality of family income, and reviews the effects of family size, the age and education of household heads, and the transition to both two-earner and single-parent families. Although these demographic shifts played a role, what emerges most clearly is an understanding of the powerful influence of public policy, as increasingly regressive taxes, declining welfare benefits, and a stagnant minimum wage continue to amplify the effects of market forces on income. With the rise in inequality now much in the headlines, it is clear that our nation's ability to reverse these shifting currents requires deeper understanding of their causes and consequences. Uneven Tides is the first book to get beyond the news stories to a clear analysis of the changing fortunes of America's families. It should be required reading for anyone with a serious interest in the economic underpinnings of the country's social problems.
The Causes And Consequences Of Increasing Inequality
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Author : Finis Welch
language : en
Publisher: University of Chicago Press
Release Date : 2001-06-15
The Causes And Consequences Of Increasing Inequality written by Finis Welch and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-06-15 with Business & Economics categories.
Despite the economic boom of the 1990s, the gap between the wealthy and the poor in the United States is growing larger. While ample evidence exists to validate perceived trends in wage, income, and overall wealth disparity, there is little agreement on the causes of such inequality and what might be done to alleviate it. This volume draws together a panel of distinguished scholars who address these issues in terms comprehensible to noneconomists. Their findings are surprising, suggesting that factors such as trade imbalances, immigration rates, and differences in educational resources do not account for recent increases in the inequality of wealth and earnings. Rather, the contributors maintain that these discrepancies can be attributed to workplace demand for high-skilled labor. They also insist that further research must examine the organization of industry in order to better understand the concurrent devaluation of manual labor. Addressing a topic that is of considerable public interest, this collection helps move the issue of increasing economic inequality in America to the center of the public policy arena. Contributors: Donald R. Deere, Claudia Goldin, Lawrence F. Katz, James P. Smith, Franco Peracchi, Gary Solon, Eric A. Hanushek, Julie A. Somers, Marvin H. Kosters, William Cline, Finis Welch, Angus Deaton, Charles Murray, Kevin Murphy
Age And Inequality
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Author : Angela O'rand
language : en
Publisher: Routledge
Release Date : 2018-03-09
Age And Inequality written by Angela O'rand and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-09 with Social Science categories.
In the United States, older populations exhibit the highest levels of economic inequality of all age groups. Across all advanced societies, the inequalities observed in older populations stem from structural and individual processes that differentiate the life courses of women and men and yield distinctive patterns of economic inequality in adulthood and old age.
The New Gilded Age
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Author : David Grusky
language : en
Publisher: Stanford University Press
Release Date : 2012-05-09
The New Gilded Age written by David Grusky and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-09 with Social Science categories.
Income inequality is an increasingly pressing issue in the United States and around the world. This book explores five critical issues to introduce some of the key moral and empirical questions about income, gender, and racial inequality: Do we have a moral obligation to eliminate poverty? Is inequality a necessary evil that's the best way available to motivate economic action and increase total outpt? Can we retain a meaningful democracy even when extreme inequality allows the rich to purchase political privilege? Is the recent stalling out of long-term declines in gender inequality a historic reversal that presages a new gender order? How are racial and ethnic inequalities likely to evolve as minority populations grow ever larger, as intermarriage increases, and as new forms of immigration unfold? Leading public intellectuals debate these questions in a no-holds-barred exploration of our New Gilded Age.
Changing Inequalities And Societal Impacts In Rich Countries
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Author : Brian Nolan
language : en
Publisher:
Release Date : 2014
Changing Inequalities And Societal Impacts In Rich Countries written by Brian Nolan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
This book addresses key questions about whether inequality in incomes, wealth, and education have been widening in a consistent fashion across 30 rich nations, and whether this is exacerbating social problems and undermining the healthy functioning of democratic processes.
Divested
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Author : Ken-Hou Lin
language : en
Publisher: Oxford University Press, USA
Release Date : 2020-01-06
Divested written by Ken-Hou Lin and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-06 with Business & Economics categories.
Finance is an inescapable part of American life. From how one pursues an education, buys a home, runs a business, or saves for retirement, finance orders the lives of ordinary Americans. And as finance continues to expand, inequality soars. In Divested, Ken-Hou Lin and Megan Tobias Neely demonstrate why widening inequality cannot be understood without examining the rise of big finance. The growth of the financial sector has dramatically transformed the American economy by redistributing resources from workers and families into the hands of owners, executives, and financial professionals. The average American is now divested from a world driven by the maximization of financial profit. Lin and Neely provide systematic evidence to document how the ascendance of finance on Wall Street, Main Street, and among households is a fundamental cause of economic inequality. They argue that finance has reshaped the economy in three important ways. First, the financial sector extracts resources from the economy at large without providing economic benefits to those outside the financial services industry. Second, firms in other economic sectors have become increasingly involved in lending and investing, which weakens the demand for labor and the bargaining power of workers. And third, the escalating consumption of financial products by households shifts risks and uncertainties once shouldered by unions, corporations, and governments onto families. A clear, comprehensive, and convincing account of the forces driving economic inequality in America, Divested warns us that the most damaging consequence of the expanding financial system is not simply recurrent financial crises but a widening social divide between the have and have-nots.
The American Class Structure In An Age Of Growing Inequality
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Author : Dennis L. Gilbert
language : en
Publisher: SAGE Publications
Release Date : 2017-12-07
The American Class Structure In An Age Of Growing Inequality written by Dennis L. Gilbert and has been published by SAGE Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-07 with Social Science categories.
With the latest data on income, wealth, earnings, and residential segregation by income, The American Class Structure in an Age of Growing Inequality, Tenth Edition describes a consistent pattern of growing inequality in the United States since the early 1970s. Focusing on the socioeconomic core of the American class system, author Dennis L. Gilbert examines how changes in the economy, family life, globalization, and politics are contributing to increasing class inequality.
Inequality And Exclusion In Southeast Asia
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Author : Lee Hwok Aun
language : en
Publisher: ISEAS-Yusof Ishak Institute
Release Date : 2021-10-11
Inequality And Exclusion In Southeast Asia written by Lee Hwok Aun and has been published by ISEAS-Yusof Ishak Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-11 with Business & Economics categories.
Inequality is a defining global issue of our times. Southeast Asia stands out in some ways; the 2010s have seen most countries in the region reduce income gaps. Nonetheless, inequality levels remain high, especially in the middle-income to high-income countries, and popular disaffection and economic anxiety prevail, even while official statistics may paint more buoyant scenarios. The age-old problem of group-based exclusion in the development process manifests in new ways. This book provides up-to-date overviews of inequality levels and trends, primarily related to income, but also wealth and other socio-economic variables pertaining to education and health. The country chapters also examine salient themes of inequality, especially structural changes and public policies to redress inequality and exclusion, labour market developments, population groups, regional dynamics, and informal economies. We gain an appreciation for the unique conditions and diverse experiences of each country, and draw comparative insights across the region. “This is an impressive collection of papers written by scholars from Southeast Asia and addressing an important set of issues which deserve serious attention from policymakers. Inequality and social exclusion are problems which never seem to go away, even in the high-income countries, and this collection will be valuable for all those seeking to understand how serious the situation is in eight Southeast Asian states. The editors are to be congratulated on bringing together such a timely book.” Anne Booth, Emeritus Professor of Economics, School of Oriental and African Studies “This compilation of recent research on Southeast Asian economic inequalities by Lee and Choong underscores the rapid progress being made. The authors from the region underscore the global shift in research and policy attention in this century. Reflecting data and methodological diversity, the book variedly captures some ‘intersectionality’ of inequalities beyond the old focus on interpersonal and household income distribution.” Jomo KS, Fellow, Academy of Science, Malaysia “In societies across the world, rising inequality has become a critical issue over the past generation. Besides basic issues of justice, inequality between people obstructs the collective decision-making needed for societies to progress. This book is the most comprehensive study of inequality in Southeast Asia. It stresses that each society is different, but the solutions are common—good data, proper understanding, multidimensional approaches, strong institutions and popular agency.” Pasuk Phongpaichit, Emeritus Professor, Chulalongkorn University