The American Economy : : Income, Wealth and Want / / Stanley Lebergott.

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...

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Superior document:Title is part of eBook package: De Gruyter Princeton Legacy Lib. eBook Package 1931-1979
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2015]
©1976
Year of Publication:2015
Language:English
Series:Princeton Legacy Library ; 1412
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Physical Description:1 online resource (406 p.)
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Other title:Frontmatter --
PREFACE --
CONTENTS --
INCOME --
CAN AMERICAN CAPITALISM END POVERTY? --
ON CONFISCATION --
PER CAPITA INCOME AND THE ANGEL OF THE LORD --
THE SUBMERGED TENTH: COLOR AND ETHNIC GROUP INCOMES, 1900-1970 --
A CENTURY OF GUARANTEED INCOME IN THE U.S. --
THE MINIMUM BUDGET: FROM "DECENCY" TO "SCIENCE" --
POVERTY AND STARVATION --
GNP AND THE GARDEN OF EDEN: LONG-TERM TRENDS IN U.S. REAL INCOMES --
DISCRIMINATION AND POVERTY --
WHAT INCOME DISTRIBUTIONS MEAN --
WEALTH --
THE CONCENTRATION OF WEALTH: SOME ECONOMIC ASPECTS OF ETHICS --
THE NOUVEAU RICHE AND UPWARD MOBILITY --
ARE THE RICH GETTING RICHER? TRENDS IN U.S. WEALTH CONCENTRATION --
II NEW DATA ON U.S. INCOME AND WEALTH --
THE DISTRIBUTION OF WEALTH IN 1970 --
LONG-TERM TRENDS IN THE U.S. STANDARD OF LIVING --
WHITE AND NON-WHITE INCOME DISTRIBUTIONS: 1900-1970 --
THE INCOME DISTRIBUTION IN 1900 --
SERVICE EXPENDITURES SINCE 1900: NEW ESTIMATES --
INDEX --
Backmatter
Summary: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.
Format:Mode of access: Internet via World Wide Web.
ISBN:9781400870004
9783110426847
9783110413601
9783110442496
DOI:10.1515/9781400870004?locatt=mode:legacy
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: Stanley Lebergott.