Paul Ryscavage, a noted labor economist, seeks to analyze various
aspects of a major contemporary economic problem: the growing
inequality of income in society.
What is income inequality? How is it measured? Is the middle
class really declining? How does it relate to poverty? How long has
inequality been rising in the US? Have there been other periods in
history when income differences were as large as they are today?
What are the causes of growing income and wage inequality? The
author addresses these and other conceptual issues in eight
carefully reasoned and clearly presented chapters. Concluding with
an analysis and comparison of trends in wage inequality in other
developed countries, he asks the final speculative question: How
much more growth in inequality can our society withstand?
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