Inequality in America : facts, trends, and international perspective /

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Bibliographic Details
Imprint:Washington, D.C. : Brookings Institution Press, ©2012.
Description:1 online resource (vii, 94 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11139185
Hidden Bibliographic Details
Other authors / contributors:Dadush, Uri B.
ISBN:9780815724223
0815724225
9781280995743
1280995742
9780815724216
0815724217
9786613767356
6613767352
Digital file characteristics:data file
Notes:Includes bibliographical references and index.
English.
Print version record.
Summary:Income inequality has been on the rise since the late 1970s, but the economic and financial crisis of 2008 instigated an unemployment epidemic that dramatically compounded this problem in the United States and catapulted the issue to the center of debate. There is wide agreement across the political spectrum that high inequality is contributing to undesirable circumstances such as stagnant household income, rising poverty rates, and increased borrowing and debt, though there is much less agreement on remedies. This book provides a snapshot of the issues posed by the growing concentrations of income, focusing on the United States but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality and identify worrying trends associated with its rise. They demonstrate how specific factors have exacerbated income inequality, including technological change, international trade, changes in labor market participation, and the increasing role of the financial sector. Their exposition makes the issues surrounding income distribution accessible to a wider public. As they write in the conclusion: "We have argued that tackling the worst effects of inequality and re-establishing a measure of equal opportunity requires increased investment in crucial public goods: first, education; second, a more progressive and simplified tax system; and third, increased international cooperation to avoid a race to the bottom. Education, tax, and other such policies are pursued by other highperforming advanced countries and can be shaped for the United States in a way that is fully consistent with an efficient and competitive American economy."
Other form:Print version: Inequality in America. Washington, D.C. : Brookings Institution Press, ©2012 9780815724216
Standard no.:9786613767356

MARC

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245 0 0 |a Inequality in America :  |b facts, trends, and international perspective /  |c Uri Dadush [and others]. 
260 |a Washington, D.C. :  |b Brookings Institution Press,  |c ©2012. 
300 |a 1 online resource (vii, 94 pages) :  |b illustrations 
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504 |a Includes bibliographical references and index. 
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505 0 |a Introduction: the challenge of inequality -- The increase in inequality in the United States -- Three other worrying trends associated with rising inequality -- The causes of rising inequality -- Policy, politics, and inequality -- What can be done? -- Conclusion: narrowing the gap. 
520 |a Income inequality has been on the rise since the late 1970s, but the economic and financial crisis of 2008 instigated an unemployment epidemic that dramatically compounded this problem in the United States and catapulted the issue to the center of debate. There is wide agreement across the political spectrum that high inequality is contributing to undesirable circumstances such as stagnant household income, rising poverty rates, and increased borrowing and debt, though there is much less agreement on remedies. This book provides a snapshot of the issues posed by the growing concentrations of income, focusing on the United States but drawing on international comparisons to help set the context. The authors examine the economic, technological, and political drivers of inequality and identify worrying trends associated with its rise. They demonstrate how specific factors have exacerbated income inequality, including technological change, international trade, changes in labor market participation, and the increasing role of the financial sector. Their exposition makes the issues surrounding income distribution accessible to a wider public. As they write in the conclusion: "We have argued that tackling the worst effects of inequality and re-establishing a measure of equal opportunity requires increased investment in crucial public goods: first, education; second, a more progressive and simplified tax system; and third, increased international cooperation to avoid a race to the bottom. Education, tax, and other such policies are pursued by other highperforming advanced countries and can be shaped for the United States in a way that is fully consistent with an efficient and competitive American economy." 
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650 0 |a Income distribution  |z United States. 
650 0 |a Poor  |z United States.  |0 http://id.loc.gov/authorities/subjects/sh2004009391 
650 0 |a Wealth  |z United States. 
650 0 |a Equality  |z United States. 
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651 0 |a United States  |x Social conditions.  |0 http://id.loc.gov/authorities/subjects/sh85140511 
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650 7 |a Equality.  |2 fast  |0 (OCoLC)fst00914456 
650 7 |a Income distribution.  |2 fast  |0 (OCoLC)fst00968670 
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