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Summary And Analysis Of The Upside Of Inequality How Good Intentions Undermine The Middle Class
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Book Synopsis Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the Middle Class by : Worth Books
Download or read book Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the Middle Class written by Worth Books and published by Open Road Media. This book was released on 2017-04-04 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Summary and Analysis of The Upside of Inequality: How Good Intentions Undermine the Middle Class Based on the Book by Edward Conard So much to read, so little time? This brief overview of The Upside of Inequality tells you what you need to know—before or after you read Edward Conard’s book. Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader. This short summary and analysis of The Upside of Inequality includes: Historical context Chapter-by-chapter overviews Important quotes Fascinating trivia Glossary of terms Supporting material to enhance your understanding of the original work About The Upside of Inequality: How Good Intentions Undermine the Middle Class by Edward Conard: New York Times–bestselling author Edward Conard argues in favor of an American economic system that results in massive income inequality. Breaking down the causes of inequality while dispelling many of the myths surrounding stagnating wages and financial disparity for the the lower and middle classes, Conard dismisses the call for wealth redistribution. He, instead, makes the case for lower taxes, less regulation of banks, restricted immigration, and lower trade deficits. The summary and analysis in this ebook are intended to complement your reading experience and bring you closer to a great work of nonfiction.
Book Synopsis The Upside of Inequality by : Edward Conard
Download or read book The Upside of Inequality written by Edward Conard and published by Penguin. This book was released on 2016-09-13 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone.
Book Synopsis Unintended Consequences by : Edward Conard
Download or read book Unintended Consequences written by Edward Conard and published by Penguin. This book was released on 2013-04-30 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Was our country’s economic success before the Crash of ‘08 built on false pretenses? Did we simply borrow and spend too much, or was something else really going on? The conventional wisdom now accuses Wall Street and the mortgage industry of using predatory tactics to seduce homeowners. Meanwhile, average Americans are blamed for increasing consumption to unsustainable levels by borrowing recklessly. And the tax policies of the Reagan and Bush administrations are blamed for encouraging reckless risk-taking. Edward Conard disagrees. In an attempt to set the record straight he presents a fascinating new case for how the economy really works, why the U.S. has outperformed other countries, what caused the financial crisis, and what improvements might better protect our economy without damaging growth.
Book Synopsis Inequality in America by : Robert S. Rycroft
Download or read book Inequality in America written by Robert S. Rycroft and published by Bloomsbury Publishing USA. This book was released on 2021-06-18 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative reference work explores the factors driving the much-debated increase in economic inequality in U.S. society, as well as the impact that this divide is having on U.S. culture, politics, families, communities, and institutions. This reference work provides an authoritative and comprehensive resource for both students and scholars who are interested in learning more about the rich-poor divide in the United States—a divide regarded by many lawmakers, researchers, pundits, and concerned citizens as one of the nation's most serious problems. The book provides important historical background for understanding how the nation has grappled with (or ignored) this issue in the past, examines specific causes of inequality identified by observers across the political spectrum, and summarizes the potential consequences (both present and future) of economic inequality. This book examines more than 25 issues frequently cited as factors contributing to the rapidly widening gap between socioeconomic classes in the U.S., ranging from such demographic factors as race and gender to tax code provisions and differences in access to quality education and health care. The book also provides both a retrospective and prospective look at government policies aimed at addressing inequality or assisting the poor. Finally, the book looks ahead to survey the future of inequality in America.
Author :Mark Robert (Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Rank, Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Washington University in St. Louis) Publisher :Oxford University Press ISBN 13 :0190212632 Total Pages :225 pages Book Rating :4.1/5 (92 download)
Book Synopsis The Poverty Paradox by : Mark Robert (Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Rank, Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Washington University in St. Louis)
Download or read book The Poverty Paradox written by Mark Robert (Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Rank, Herbert S. Hadley Professor of Social Welfare in the George Warren Brown School of Social Work Washington University in St. Louis) and published by Oxford University Press. This book was released on 2023 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book has been quite some time in the making. Across a number of years I have researched, taught, and written about poverty. In my opinion, there are few topics of greater importance. It is a dominant and disturbing feature of the American landscape. Yet despite the hundreds of books, articles, reports, and programs addressing the issue, the United States continues to have the highest rates of poverty among the wealthy countries"--
Book Synopsis United States Income, Wealth, Consumption, and Inequality by : Diana Furchtgott-Roth
Download or read book United States Income, Wealth, Consumption, and Inequality written by Diana Furchtgott-Roth and published by Oxford University Press. This book was released on 2020-08-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 75 years, household income in the United States has increased substantially. Still, by some measures, income inequality has increased as well. This has been the subject of contested public policy and political discourse. The question still stands: How can we better articulate the nuanced changes in American incomes? It is difficult to have conversations about income inequality without an agreed-upon set of terms, metrics, and concepts. United States Income, Wealth, Consumption, and Inequality, edited by Diana Furchtgott-Roth, examines the trends in income growth in the United States and explores various measures of income, including market, post-tax, and post-transfer income. Within each chapter, distinguished experts explain how income and wealth--and the way we measure them--have changed in the United States, which demographic groups have benefited from these changes, and how mobility has changed over time and over generations. Specific chapters explain the roles of gender and race. The resulting book is relevant to modern international policy, particularly in light of the COVID-19 pandemic, and addresses what can be done to increase economic mobility in the United States.
Book Synopsis The Capitalist Comeback by : Andrew Puzder
Download or read book The Capitalist Comeback written by Andrew Puzder and published by Center Street. This book was released on 2018-04-24 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Andy Puzder, the former CEO of Carl's Jr. and Hardee's, says that "capitalism" is not a dirty word, and thankfully President Trump understands this; his pro-business policies will bring back economic growth and secure our future. As a successful CEO in the restaurant industry, Andy Puzder uniquely understands how important the profit motive is to our country's ultimate prosperity. Furthermore, as the grandson of immigrants, the son of a car salesman, and someone who worked his way up from earning minimum wage to running an international business, he has a first-hand view of how America's exceptional capitalist spirit can lift everyone to success. In 2016, the American people faced a stark choice between two very different presidential candidates. Hillary Clinton spent most of her adult life involved in politics and promised to uphold and advance the progressive legacy of President Barack Obama who had first won the White House on promises to "spread the wealth around." Donald Trump, on the other hand, came from the business world, was an unapologetic capitalist, used his own personal wealth as inspiration, and promised simply to "Make America Great Again." By choosing Trump over Clinton, the American people put a stop to decades of government expansion under progressive leadership, and they might just have saved our economy by doing so. America was once a land where everyone was encouraged to seek their fortune - the more prosperous our citizens, the more our whole society could in turn prosper. But leftist forces in the United States have been seeking to tarnish the pursuit of prosperity and to paint profit as an evil motivation fit only for greedy plutocrats. Andrew Puzder understands this first-hand after a progressive smear campaign stopped him from joining President Trump's cabinet. As Puzder explains in his new book, The Capitalist Comeback, this was an act of desperation from a left wing facing irrelevance with a pro-business president in the White House. From its roots in the Progressive Era to labor unions to education to entertainment to its political resurgence with avowed socialist candidates such as Bernie Sanders, Puzder traces the development of the anti-profit forces in the United States and shows how, under President Trump, they can be vanquished for good.
Download or read book Dream Hoarders written by Richard Reeves and published by Brookings Institution Press. This book was released on 2018-05-08 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dream Hoarders sparked a national conversation on the dangerous separation between the upper middle class and everyone else. Now in paperback and newly updated for the age of Trump, Brookings Institution senior fellow Richard Reeves is continuing to challenge the class system in America. In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percent—we are the good guys. Not so, argues Reeves. The real class divide is not between the upper class and the upper middle class: it is between the upper middle class and everyone else. The separation of the upper middle class from everyone else is both economic and social, and the practice of “opportunity hoarding”—gaining exclusive access to scarce resources—is especially prevalent among parents who want to perpetuate privilege to the benefit of their children. While many families believe this is just good parenting, it is actually hurting others by reducing their chances of securing these opportunities. There is a glass floor created for each affluent child helped by his or her wealthy, stable family. That glass floor is a glass ceiling for another child. Throughout Dream Hoarders, Reeves explores the creation and perpetuation of opportunity hoarding, and what should be done to stop it, including controversial solutions such as ending legacy admissions to school. He offers specific steps toward reducing inequality and asks the upper middle class to pay for it. Convinced of their merit, members of the upper middle class believes they are entitled to those tax breaks and hoarded opportunities. After all, they aren't the 1 percent. The national obsession with the super rich allows the upper middle class to convince themselves that they are just like the rest of America. In Dream Hoarders, Reeves argues that in many ways, they are worse, and that changes in policy and social conscience are the only way to fix the broken system.
Book Synopsis Winner-Take-All Politics by : Jacob S. Hacker
Download or read book Winner-Take-All Politics written by Jacob S. Hacker and published by Simon and Schuster. This book was released on 2010 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the growing divide between the incomes of the wealthy class and those of middle-income Americans, exonerating popular suspects to argue that the nation's political system promotes greed and under-representation.
Book Synopsis Why We Believe in God(s) by : J. Anderson Thomson
Download or read book Why We Believe in God(s) written by J. Anderson Thomson and published by Pitchstone Publishing (US&CA). This book was released on 2014-07-01 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this groundbreaking volume, J. Anderson Thomson, Jr., MD, with Clare Aukofer, offers a succinct yet comprehensive study of how and why the human mind generates religious belief. Dr. Thomson, a highly respected practicing psychiatrist with credentials in forensic psychiatry and evolutionary psychology, methodically investigates the components and causes of religious belief in the same way any scientist would investigate the movement of astronomical bodies or the evolution of life over time—that is, as a purely natural phenomenon. Providing compelling evidence from psychology, the cognitive neurosciences, and related fields, he, with Ms. Aukofer, presents an easily accessible and exceptionally convincing case that god(s) were created by man—not vice versa. With this slim volume, Dr. Thomson establishes himself as a must-read thinker and leading voice on the primacy of reason and science over superstition and religion.
Book Synopsis The Cult of Smart by : Fredrik deBoer
Download or read book The Cult of Smart written by Fredrik deBoer and published by All Points Books. This book was released on 2020-08-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named one of Vulture’s Top 10 Best Books of 2020! Leftist firebrand Fredrik deBoer exposes the lie at the heart of our educational system and demands top-to-bottom reform. Everyone agrees that education is the key to creating a more just and equal world, and that our schools are broken and failing. Proposed reforms variously target incompetent teachers, corrupt union practices, or outdated curricula, but no one acknowledges a scientifically-proven fact that we all understand intuitively: Academic potential varies between individuals, and cannot be dramatically improved. In The Cult of Smart, educator and outspoken leftist Fredrik deBoer exposes this omission as the central flaw of our entire society, which has created and perpetuated an unjust class structure based on intellectual ability. Since cognitive talent varies from person to person, our education system can never create equal opportunity for all. Instead, it teaches our children that hierarchy and competition are natural, and that human value should be based on intelligence. These ideas are counter to everything that the left believes, but until they acknowledge the existence of individual cognitive differences, progressives remain complicit in keeping the status quo in place. This passionate, voice-driven manifesto demands that we embrace a new goal for education: equality of outcomes. We must create a world that has a place for everyone, not just the academically talented. But we’ll never achieve this dream until the Cult of Smart is destroyed.
Book Synopsis Einstein's Mistakes: The Human Failings of Genius by : Hans C. Ohanian
Download or read book Einstein's Mistakes: The Human Failings of Genius written by Hans C. Ohanian and published by W. W. Norton & Company. This book was released on 2009-11-09 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A thought-provoking critique of Einstein’s tantalizing combination of brilliance and blunder.”—Andrew Robinson, New Scientist Never before translated into English, the Manimekhalai is one of the great classics of Indian culture.
Book Synopsis Seeing Like a State by : James C. Scott
Download or read book Seeing Like a State written by James C. Scott and published by Yale University Press. This book was released on 2020-03-17 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: “One of the most profound and illuminating studies of this century to have been published in recent decades.”—John Gray, New York Times Book Review Hailed as “a magisterial critique of top-down social planning” by the New York Times, this essential work analyzes disasters from Russia to Tanzania to uncover why states so often fail—sometimes catastrophically—in grand efforts to engineer their society or their environment, and uncovers the conditions common to all such planning disasters. “Beautifully written, this book calls into sharp relief the nature of the world we now inhabit.”—New Yorker “A tour de force.”— Charles Tilly, Columbia University
Book Synopsis World Inequality Report 2022 by : Lucas Chancel
Download or read book World Inequality Report 2022 written by Lucas Chancel and published by Harvard University Press. This book was released on 2022-11 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.
Book Synopsis Selfish Reasons to Have More Kids by : Bryan Caplan
Download or read book Selfish Reasons to Have More Kids written by Bryan Caplan and published by Basic Books. This book was released on 2011-04-12 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: We've needlessly turned parenting into an unpleasant chore. Parents invest more time and money in their kids than ever, but the shocking lesson of twin and adoption research is that upbringing is much less important than genetics in the long run. These revelations have surprising implications for how we parent and how we spend time with our kids. The big lesson: Mold your kids less and enjoy your life more. Your kids will still turn out fine. Selfish Reasons to Have More Kids is a book of practical big ideas. How can parents be happier? What can they change -- and what do they need to just accept? Which of their worries can parents safely forget? Above all, what is the right number of kids for you to have? You'll never see kids or parenthood the same way again.
Download or read book The Divide written by Jason Hickel and published by Random House. This book was released on 2017-05-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: ________________ As seen on Sky News All Out Politics ‘There’s no understanding global inequality without understanding its history. In The Divide, Jason Hickel brilliantly lays it out, layer upon layer, until you are left reeling with the outrage of it all.’ - Kate Raworth, author of Doughnut Economics · The richest eight people control more wealth than the poorest half of the world combined. · Today, 60 per cent of the world’s population lives on less than $5 a day. · Though global real GDP has nearly tripled since 1980, 1.1 billion more people are now living in poverty. For decades we have been told a story: that development is working, that poverty is a natural phenomenon and will be eradicated through aid by 2030. But just because it is a comforting tale doesn’t make it true. Poor countries are poor because they are integrated into the global economic system on unequal terms, and aid only helps to hide this. Drawing on pioneering research and years of first-hand experience, The Divide tracks the evolution of global inequality – from the expeditions of Christopher Columbus to the present day – offering revelatory answers to some of humanity’s greatest problems. It is a provocative, urgent and ultimately uplifting account of how the world works, and how it can change for the better.
Book Synopsis Blood Water Paint by : Joy McCullough
Download or read book Blood Water Paint written by Joy McCullough and published by Penguin. This book was released on 2018-03-06 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Haunting ... teems with raw emotion, and McCullough deftly captures the experience of learning to behave in a male-driven society and then breaking outside of it."—The New Yorker "I will be haunted and empowered by Artemisia Gentileschi's story for the rest of my life."—Amanda Lovelace, bestselling author of the princess saves herself in this one A William C. Morris Debut Award Finalist 2018 National Book Award Longlist Her mother died when she was twelve, and suddenly Artemisia Gentileschi had a stark choice: a life as a nun in a convent or a life grinding pigment for her father's paint. She chose paint. By the time she was seventeen, Artemisia did more than grind pigment. She was one of Rome's most talented painters, even if no one knew her name. But Rome in 1610 was a city where men took what they wanted from women, and in the aftermath of rape Artemisia faced another terrible choice: a life of silence or a life of truth, no matter the cost. He will not consume my every thought. I am a painter. I will paint. Joy McCullough's bold novel in verse is a portrait of an artist as a young woman, filled with the soaring highs of creative inspiration and the devastating setbacks of a system built to break her. McCullough weaves Artemisia's heartbreaking story with the stories of the ancient heroines, Susanna and Judith, who become not only the subjects of two of Artemisia's most famous paintings but sources of strength as she battles to paint a woman's timeless truth in the face of unspeakable and all-too-familiar violence. I will show you what a woman can do. ★"A captivating and impressive."—Booklist, starred review ★"Belongs on every YA shelf."—SLJ, starred review ★"Haunting."—Publishers Weekly, starred review ★"Luminous."—Shelf Awareness, starred review
