Every economic system exists only to satisfy human wants, yet most systems fail to do so. Taking a keen look at the gap between goal and result, Stanley Lebergott appraises public policies relating to the U.S. distribution of income and wealth today.Part I shows that many programs have disappointed their proponents because certain basic assumptions were not understood. The author's new data suggest more realistic answers to much-debated questions: Are the rich getting richer? How much "upward mobility" exists? What approaches to poverty, starvation, and discrimination are practical today? In Part II, size distributions are derived for wealth in 1970, for income in 1900, and for white and non-white income for the period 1900-1970. These data include new estimates for key items in the standard of living since 1900, with detail on services that have dominated the "postindustrial" economy.Originally published in 1976.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

We’ve all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality–but an all-out war on success?In this timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover:• why successful CEOs make so much money—and deserve to• how the minimum wage hurts the very people it claims to help• why middle-class stagnation is a myth• how the little-known history of Sweden reveals the dangers of forced equality• the disturbing philosophy behind Obama’s economic agenda.The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.

Product Description: Economic inequalities have been perhaps the most enduring problem facing African Americans since the civil rights movement, despite the attention they have received from activists. Although the civil rights movement dealt successfully with injustices like disenfranchisement and segregated public accommodations, economic disparities between blacks and whites remain sharp, and the wealth gap between the two groups has widened in the twenty-first century...read more

This is a volume of original essays written by philosophers and scientists and dealing with philosophical questions arising from work in evolutionary biology and artificial intelligence. In recent years both of these areas have been the focus for attempts to provide a scientific, model of a wide range of human capacities - most prominently perhaps in sociobiology and cognitive psychology. The book therefore examines a number of issues related to the search for a 'naturalistic' or scientific account of human experience and behaviour. Some of the essays deal with the application of such models to particular behaviour, stressing the problems raised by consciousness, and the information to be derived from the differing capacities of animals and people; others consider more general questions about the logic of the explanations provided by these kinds of approach. The volume continues the informal series stemming from meetings sponsored by the Thyssen Foundation.

Economics Today has long led the field in offering students and instructors a dynamic, application-rich approach to learning and teaching economics. With the introduction of the Study Edition, the textbook offers yet another option. This special edition features a set of Practice Tests brimming with numerical and graphing questions that hone students' problem-solving skills.As an instructor using the Study Edition, you can assign the perforated test pages as homework and then use the answer keys available at www.econtoday.com to simplify the grading process. Alternatively, you may choose to make the solutions available to students for self-testing.

This book deals with the social costs of markets from a heterodoxperspective.  It deals with the degrading of work, decline ofcommunity, and rising income inequality in the United States asmarkets and especially financial markets come to dominatesociety.  Of course, if there is an attempt to point out thesocial costs of markets, the response of mainstream economists isto silence the critics or even in Orwellian fashion redefine theircritiques so as to eliminate any negative comments aboutmarkets.  While critique is necessary, there also needs to bea constructive agenda, that is, the developing of an alternative,heterodox economic theory.  So overall the book presents acritique of the social costs markets and the beginning of aheterodox economic theory of how the capitalist market systemactually works.