In the great tradition of moral argument about the nature of the economic market, Rebecca Blank and William McGurn join to debate the fundamental questionsequality and efficiency, productivity and social justice, individual achievement and personal rights in the workplace, and the costs and benefits of corporate and entrepreneurial capitalism. Their arguments are grounded in both economic sophistication and religious commitment. Rebecca Blank is an economist by training and describes herself as culturally Protestant in the habits of mind and heart. She has also chaired the committee that wrote the statement on Christian faith and economic life adopted by the United Church of Christ. Addressing market failure, for her, requires that sometimes " freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic, uses his expertise in economics to reflect on the teachings of the church concerning the morality of the market. For McGurn, humans reach their fullest potential when they are free from the constraints of others. He writes that " our quarrel is not so much with Adam Smith or Milton Friedman but with the Providence that so clearly designed man to be his most prosperous at his most free." This book grapples with the new imperatives of a global economy while working in the classic tradition of political economy which always treated seriously the questions of morality, justice, productivity, and freedom.

Congress must reauthorize the sweeping 1996 welfare reform legislation by October 1, 2002. A number of issues that were prominent in the 1995-96 battle over welfare reform are likely to resurface in the debate over reauthorization. Among those issues are the five-year time limit, provisions to reduce out-of-wedlock births, the adequacy of child care funding, problems with Medicaid and food stamp receipt by working families, and work requirements. Funding levels are also certain to be controversial. Fiscal conservatives will try to lower grant spending levels, while states will seek to maintain them and gain additional discretion in the use of funds. Finally, a movement to encourage states to promote marriage among low-income families is already taking shape. The need for reauthorization presents an opportunity to assess what welfare reform has accomplished and what remains to be done. The New World of Welfare is an attempt to frame the policy debate for reauthorization, and to inform the policy discussion among the states and at the federal level, especially by drawing lessons from research on the effects of welfare reform. In the book, a diverse set of welfare experts --liberal and conservative, academic and nonacademic --engage in rigorous debate on topics ranging from work experience programs, to job availability, to child well-being, to family formation. In order to provide a comprehensive overview of the current state of research on welfare reform, the contributors cover subjects including work and wages, effects of reform on family income and poverty, the politics of conservative welfare reform, sanctions and time limits, financial work incentives for low-wage earners, the use of medicaid and food stamps, welfare-to-work, child support, child care, and welfare reform and immigration. Preparation of the volume was supported by funds from the Annie E. Casey Foundation and the Charles Stewart Mott Foundation. Contributors include Thomas L. Gais, Richard P. Nathan, and Irene Lurie (Rockefeller Inistitute, SUNY-Albany), Thomas Kaplan (University of Wisconsin), Lucie Schmidt (University of Michigan), Charles Murray (American Enterprise Institute), Hugh Heclo (George Mason University), Lawrence M. Mead (NYU), ), Julie Strawn, Mark Greenberg, and Steve Savner (Center for Law and Social Policy), Ladonna Pavetti (Mathematica Policy Research), Dan Bloom (Manpower Demonstration Research Corp.), Charles Michalopoulos and Gordon Berlin (Manpower Demonstraton Research Corporation), Jason A. Turner (Commissioner of Welfare, State of New York), Thomas Main (Baruch College of the City University of New York), Sheila Zedlewski and Pamela Loprest (Urban Institute), Robert Greenstein and Jocelyn Guyer (Center on Budget and Policy Priorities), George Borjas (Harvard University), Greg Duncan and Lindsay Chase-Landsdale (Northwestern University), Wade F. Horn (National Fatherhood Initiative), Isabel V. Sawhill (Brookings Institution, Irwin Garfinkel (Columbia University), Douglas Besharov and Nazanin Samari (American Enterprise Institute), Lynn A. Karoly, Jacob A. Klerman, and Jeannette A. Rogowski (RAND Corp.).

Rebecca M. Blank offers the first comprehensive analysis of an economic trend that has been reshaping the United States over the past three decades: rapidly rising income inequality. In clear language, she provides an overview of how and why the level and distribution of income and wealth has changed since 1979, sets this situation within its historical context, and investigates the forces that are driving it. Among other factors, Blank looks closely at changes within families, including women's increasing participation in the work force. The book includes some surprising findings - for example, that per-person income has risen sharply among almost all social groups, even as income has become more unequally distributed. Looking toward the future, Blank suggests that while rising inequality will likely be with us for many decades to come, it is not an inevitable outcome. Her book considers what can be done to address this trend, and also explores the question: why should we be concerned about this phenomenon?

Since the late 1970s, the high-rise developments of the Chicago Housing Authority (CHA) have been dominated by gang violence and drugs, creating a sense of hopelessness among residents. Despite a lengthy war on crime, costing hundreds of millions of dollars, the CHA has been unable to reduce the violence that makes life intolerable. Focusing on three developments--Rockwell Gardens, Henry Horner Homes, and Harold Ickes Homes--Sue Popkin and her co-authors interview residents, community leaders, and CHA staff. The Hidden War chronicles the many failed efforts of the CHA to combat crime and improve its developments, offering a vivid portrait of what life is like when lived among bullets, graffiti, and broken plumbing. Most families living in these developments are headed by African American single mothers. The authors reveal the dilemmas facing women and children who are often victims or witnesses of violent crime, and yet are dependent on the perpetrators and their drug-dominant economy. The CHA--plagued by financial scandals, managerial incompetence, and inconsistent funding--is no match for thegang-dominated social order. Even well-intentioned initiatives such as the recent effort to demolish and "revitalize" the worst developments seem to be ineffective at combating crime, while the drastic changes leave many vulnerable families facing an uncertain future. The Hidden War sends a humbling message to policy makers and prognosticators who claim to know the right way to "solve poverty."