Unequal Gains
American Growth and Inequality since 1700
(Sprache: Englisch)
America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain - and America's income advantage today is no...
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America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain - and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves - from 1774 to 1860 and from the 1970s to today - rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context
Bibliographische Angaben
- Autoren: Peter H. Lindert , Jeffrey G. Williamson
- 2016, 424 Seiten, 30 Abbildungen, Maße: 24,3 cm, Gebunden, Englisch
- Verlag: Princeton University Press
- ISBN-10: 0691170495
- ISBN-13: 9780691170497
Sprache:
Englisch
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