Inequality and Institutions in 20th Century America

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Release : 2015
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Inequality and Institutions in 20th Century America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality and Institutions in 20th Century America write by Frank S. Levy. This book was released on 2015. Inequality and Institutions in 20th Century America available in PDF, EPUB and Kindle. We provide a comprehensive view of widening income inequality in the United States contrasting conditions since 1980 with those in earlier postwar years. We argue that the income distribution in each period was strongly shaped by a set of economic institutions. The early postwar years were dominated by unions, a negotiating framework set in the Treaty of Detroit, progressive taxes, and a high minimum wage - all parts of a general government effort to broadly distribute the gains from growth. More recent years have been characterized by reversals in all these dimensions in an institutional pattern known as the Washington Consensus. Other explanations for income disparities including skill-biased technical change and international trade are seen as factors operating within this broader institutional story.

Inequality and Institutions in 20th Century America

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Release : 2007
Genre : Income distribution
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Inequality and Institutions in 20th Century America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality and Institutions in 20th Century America write by Frank Levy. This book was released on 2007. Inequality and Institutions in 20th Century America available in PDF, EPUB and Kindle. We provide a comprehensive view of widening income inequality in the United States contrasting conditions since 1980 with those in earlier postwar years. We argue that the income distribution in each period was strongly shaped by a set of economic institutions. The early postwar years were dominated by unions, a negotiating framework set in the Treaty of Detroit, progressive taxes, and a high minimum wage -- all parts of a general government effort to broadly distribute the gains from growth. More recent years have been characterized by reversals in all these dimensions in an institutional pattern known as the Washington Consensus. Other explanations for income disparities including skill-biased technical change and international trade are seen as factors operating within this broader institutional story.

Inequality, Poverty, and the Fisc in Twentieth-century America

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Release : 1998
Genre : Income distribution
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Inequality, Poverty, and the Fisc in Twentieth-century America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality, Poverty, and the Fisc in Twentieth-century America write by . This book was released on 1998. Inequality, Poverty, and the Fisc in Twentieth-century America available in PDF, EPUB and Kindle.

American Inequality

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Release : 1980
Genre : Business & Economics
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American Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook American Inequality write by Jeffrey G. Williamson. This book was released on 1980. American Inequality available in PDF, EPUB and Kindle. Monograph presenting a macroeconomic analysis of the relationship of economic development to wealth and income distribution inequality trends in the USA from the historical 1770s to the 1970s - rejects the notion that inequality was a necessary precondition of economic growth, and argues that complex interactions among such variables as technological change, labour supply and capital formation were sources of economic disparity. Bibliography pp. 335 to 349 and graphs.

Unequal Gains

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Release : 2017-12-05
Genre : Business & Economics
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Book Rating : 275/5 ( reviews)

Unequal Gains - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Unequal Gains write by Peter H. Lindert. This book was released on 2017-12-05. Unequal Gains available in PDF, EPUB and Kindle. A book that rewrites the history of American prosperity and inequality Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.