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Der Mythos der amerikanischen Ungleichheit: Wie die Regierung die politische Debatte verzerrt (mit einem neuen

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Zuletzt aktualisiert am 22. Mai. 2024 02:09:40 MESZAlle Änderungen ansehenAlle Änderungen ansehen

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ISBN-13
9781538190135
Type
NA
Publication Name
NA
ISBN
9781538190135
Publication Year
2024
Format
Trade Paperback
Language
English
Book Title
Myth of American Inequality : How Government Biases Policy Debate
Author
Phil Gramm, Robert Ekelund, John Early
Item Length
9in
Publisher
Rowman & Littlefield Publishers, Incorporated
Genre
Business & Economics, Political Science
Topic
Economic History, Economic Conditions, Public Policy / Economic Policy
Item Width
6in
Number of Pages
264 Pages

Über dieses Produkt

Product Information

A Wall Street Journal Best Book of 2022: Politics - Winner of the 2024 Hayek Book Prize, Manhattan Institute Hailed by the Wall Street Journal as one of the best books of 2022, The Myth of American Inequality demonstrates that the federal government egregiously overstates the degree of inequality and poverty in the world's wealthiest nation. In doing so, the authors--a former United States senator, eminent economist, and a former senior leader at the Bureau of Labor Statistics-- challenge the prevailing consensus that income inequality is a growing threat to American society. Getting the facts straight reveals that the key measures of well-being are greater than the official statistics of the country would lead us to believe. Income inequality is lower today than at any time in post- World War II America. The facts reveal a very different and better America than the one that is currently described by policy advocates across much of the political spectrum. The updated edition brings will challenge political debate throughout the 2024 election season and provide clear and convincing evidence that the American Dream is alive and well.

Product Identifiers

Publisher
Rowman & Littlefield Publishers, Incorporated
ISBN-10
1538190133
ISBN-13
9781538190135
eBay Product ID (ePID)
21062159380

Product Key Features

Book Title
Myth of American Inequality : How Government Biases Policy Debate
Author
Phil Gramm, Robert Ekelund, John Early
Format
Trade Paperback
Language
English
Topic
Economic History, Economic Conditions, Public Policy / Economic Policy
Publication Year
2024
Genre
Business & Economics, Political Science
Number of Pages
264 Pages

Dimensions

Item Length
9in
Item Width
6in

Additional Product Features

Lc Classification Number
Hc110.I5g688 2024
Reviews
The federal government significantly and intentionally misreports income distribution, sparking bad policies and political divisions. That's the argument former senator Phil Gramm and two other economists, Robert Ekelund and John Early, lay out in their compelling and essential new book, The Myth of American Inequality. .... Recognizing that numbers are just tools used to inform policy judgments that involve a range of unquantifiable values and concerns, the authors note that they intend their book to start rather than end a more rigorous debate about inequality and transfer payments. ... Facts may be stubborn things, but ideology may prove to be even more intractable., Gramm, Ekelund, and Early are owed a debt of gratitude. With admirable clarity, their book demonstrates that the federal government egregiously overstates the degree of inequality and poverty in the world's wealthiest nation. Skewed statistics have led to a skewed perception of life in America, and in turn to a skewed political debate on spending, taxing, and the social safety net. The Myth of American Inequality refutes the demagoguery, and convincingly shows that the gap between top and bottom is not wider than ever, but narrower., [V]aluable.... In this authoritative volume, based largely on official statistics, former U.S. senator Phil Gramm and economists Robert Ekelund and John Early crack open the databases to examine the great mystery of poverty., [An] impressive, clearly written book that can introduce everyday readers to the sausage-making process behind the numbers they see cited in the media. It also leaves room for disagreement about the authors' corrections to the official estimates, as well as their policy recommendations.... There are any number of ways to fix the official numbers, and Gramm et al.'s approach is just one of them. But they have done a stellar job of critiquing the statistics at the heart of so many economic debates and providing a thought-provoking alternative., There is much more in Myth of American Inequality, including a close look at the rapid turnover in America's economic hierarchy. Gramm's strongest policy recommendation is simply for Congress to fix how the government measures income. Even Democrats might find something to like: As things are currently reported, Joe Biden had to deal with headlines showing record-high inequality during his first year in office while he was shoveling trillions of dollars in additional transfer payments out the door. But a better reason to fix how we measure inequality is simply that it is better to tell the truth., This book is written at a level that most high-school graduates can understand. Yet it has enough detail that it could be used as a college textbook. Best of all, it tells you most of what you need to know in the first twelve pages. It is a must read and a great reference for anyone engaging in the debate over income inequality in America and what, if anything, should be done about it., What books do you think should be required reading? Because this book definitely makes my list. Phil Gramm, Robert Ekelund, and John Early authored this book to dispel a myth that we are often sold by the American Left. It's a must-read., From all those lists of best books of 2022, here's one with the potential to change public policy debate and discourse for the better., The notion of rising income inequality has permeated modern American discourse and is assumed as inherent to our economic system such that any claim to the contrary is easily dismissed as ignorance or insincerity. Indeed, The Myth of American Inequality: How Government Biases Policy Debate is a rather jarring title. American inequality a myth? Yes, claim Phil Gramm, Robert Ekelund, and John Early. To show we have been misled, the authors dive into the obscure world of bureaucratic statistics. In the process, they fearlessly confront the dominant narrative and demonstrate that government's ambitious tax and transfer programs have substantially mitigated income inequality (properly measured) while incentivizing idleness. As the authors wisely point out: We must get our facts straight first before we can implement better policies. The Myth of American Inequality is a major step in that direction. It deserves a wide readership., For an impeccably researched book that backs up... findings with overwhelming evidence, consult The Myth of American Inequality[.], What makes this book an invaluable new resource for public policy and economic education is its focus on how the experiences of Americans of different living standards evolved over time and how earned income and consumption diverged for the poorest households. It traces improvements in the living standards of the poor to transfer programs, shows how taxation of the rich has flattened the distribution of consumption across households, and documents how measurement errors have distorted general beliefs about economic inequality.But that's not all. This book is written in straightforward American English, not in economic think-tank jargon. It shows clearly how each element of the analysis (taxation, transfers, inflation adjustment) contributes to its conclusions. Graphs and tables are comprehensive and comprehensible. The style is lively and lucid. The analysis probes deeply to demonstrate the robustness of its conclusions.Most important, the authors don't clutter their analysis with contentious approaches to measurement, and they limit their policy recommendations to those that flow self-evidently from the facts they document. It is encouraging that three disparate economists can together write an objective book about the measurement of living standards, poverty and inequality without engaging in partisan advocacy that undermines their findings. The Myth of American Inequality will have a positive effect on the quality of policy discussions, and may well achieve its objective of changing the ways in which government agencies report information about American household income and consumption. At a time when partisan tribalism makes serious discussion almost impossible in Washington, this book shows that economics is still a powerful tool kit for informing and disciplining our thinking across the partisan divide., What would you say if someone told you that many academics, the US government, and the media overstate income inequality, understate the real income growth of US households, overstate poverty, and understate income mobility? If someone had asked me, I would have said I believe it. I've followed these issues, and even written about most of them. But on reading The Myth of American Inequality: How Government Biases Policy Debate, even I was blown away by the strength of the evidence for these conclusions.
Table of Content
Preface to the Paperback Edition Chapter 1: Every Official Measure Understates America's Wellbeing Chapter 2: Inequality in Producing and Consuming in America Chapter 3: Poverty in America Chapter 4: Trends Chapter 5: Causes of Earned Income Inequality Chapter 6: Measures of Wellbeing Chapter 7: Super Rich Chapter 8: Mobility Chapter 9: Fifty Years of Growth Chapter 10: Solutions Bibliography Appendices About the Authors
Dewey Decimal
339.20973
Intended Audience
Trade
Dewey Edition
23
Illustrated
Yes

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