Sick of the politics surrounding discussions of economic inequality? This book takes a level-headed view of the last 50 years of economic inequality in the United States. Without demagoguery or blame, the book lays out the economic causes behind six trends that have come to define the U.S. economy from the mid-1970s through 2023: 1) the declining middle class; 2) the stubborn gender gap; 3) a retreat from marriage; 4) the persistent racial income gap; 5) the rise of the very rich, and 6) a lack of equal opportunity for those who start their lives with less. Using economic theory and up-to-date research, by the end of this book you will be thinking like an economist.
This author will donate 25 percent of his proceeds to Big Brothers Big Sisters of Eastern Massachusetts.