Poverty and InequalityThe Political Economy of RedistributionJon Neill, Editor, Western Michigan University(The first chapter of this book is available in PDF format.) In past decades, when the economy grew policymakers could count on a portion of the increased wealth to "trickle down" to the underprivileged, thereby lifting many out of poverty. And the data for the 1960s, 70s and 80s substantiate this relationship. Recent evidence for the 1990s, however, shows that the relationship no longer rings true. Despite the nation's significant and prolonged economic growth during this decade, the portion of aggregate income going to the poorest 20 percent of the population declined, while that of the richest 20 percent grew. The contributors to this volume examine the extent and reasons behind this distribution. Included are: |
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"This book is an excellent contribution to the literature on earnings and income inequality. It provides a very useful introduction to methodologies for measuring inequality, a comprehensive overview of changes in inequality which have occurred in the United States, and an informative discussion of a variety of policy-related issues. Each of the contributors is an expert in the field, and this is reflected in the clarity of presentation and depth of insights in each chapter. The nontechnical presentation will make the volume accessible to a wide range of readers. "It is to be highly recommended for researchers in the field, for other social scientists, or for students looking for a readable and succinct overview of recent developments in inequality."Comparative Labor Law & Policy Journal. "Highly recommended as being accessible to the undergraduate reader, yet also having something to offer the researcher." Choice
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