Myths Of Rich And Poor: Why We're Better Off Than We Think
Books / Paperback
Books › Business & Economics › Economics › General
ISBN: 0465047831 / Publisher: Basic Books, January 2000
A groundbreaking and controversial new book that demonstrates the falsity in the myth that the rich are getting richer and the poor are getting poorer punctures dozens of firmly held beliefs about our economy. Tour.
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Popular wisdom holds that the years since 1973—the end of the “postwar miracle”—have been a time of economic decline and stagnation: lackluster productivity, falling real wages, and lost competitiveness. The rich have gotten richer, the poor have gotten poorer, and most of us have barely held on while watching all the best jobs disappear overseas.As Myths of Rich and Poor demonstrates, this picture is not just wrong, it's spectacularly wrong. The hard numbers, simple facts, and iconoclastic arguments of this book will change the way you think about the American economy.
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