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Rethinking the income gap

Author: Paul Ryscavage
Publisher: New Brunswick : Transaction Publishers, ©2009.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"This book is written by an economist who has spent his career studying and analyzing income inequality. News reports of mushrooming fortunes, most recently among CEOs and hedge fund managers, alongside reports of a struggling middle class and an intractable poverty class, have been common topics for the nation's media. Ryscavage asserts that the media misused many of the facts surrounding the increase in income  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Paul Ryscavage
ISBN: 9781412808231 1412808235
OCLC Number: 229035207
Description: xiii, 174 pages : illustrations ; 24 cm
Contents: Introduction : you ... and the income gap --
The income gap "muddle" --
The reality of growing income inequality --
Understanding economic fairness today --
The income inequality-economic fairness "disconnect" --
America's evolving middle class --
Inside today's middle class --
So, forget about the CEOs and the top 1 percent! --
Good inequality vs. bad inequality?
Responsibility: Paul Ryscavage.
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Abstract:

The ethical question implied by discreparcies between the distribution of income and the economic foundations of our country is at the heart of much of political debate. This title asserts that the  Read more...

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   schema:reviewBody ""This book is written by an economist who has spent his career studying and analyzing income inequality. News reports of mushrooming fortunes, most recently among CEOs and hedge fund managers, alongside reports of a struggling middle class and an intractable poverty class, have been common topics for the nation's media. Ryscavage asserts that the media misused many of the facts surrounding the increase in income inequality. He calls for a reexamination of the facts and what they mean and do not mean - and ultimately shows that, contrary to media reports, income inequality can no longer be used as a measure of economic fairness. He also writes that, notwithstanding the economic downturn of 2008, the "real" news that the media have not reported is the expansion in recent decades of our nation's middle class, especially the upper middle class." "Ryscavage argues that we must reexamine what the income gap means. Its relevance as a measure of economic fairness has diminished significantly in recent years. Instead, the income gap is now linked to a variety of economic problems confronting the nation and used as a rhetorical device for stirring up social concern and advancing political agendas. Rethinking the income gap is overdue. This book does just that."--Jacket." ;
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