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OverviewUnequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income--and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain--and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis.In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves--from 1774 to 1860 and from the 1970s to today--rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why. Full Product DetailsAuthor: Peter H. Lindert , Jeffrey G. WilliamsonPublisher: Princeton University Press Imprint: Princeton University Press Volume: 72 Dimensions: Width: 15.20cm , Height: 3.30cm , Length: 23.50cm Weight: 0.709kg ISBN: 9780691170497ISBN 10: 0691170495 Pages: 424 Publication Date: 19 April 2016 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Temporarily unavailable  The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you. Language: English Table of ContentsReviews[I]ts conclusions are both accessible and urgent. --Kirkus A masterpiece in quantitative and qualitative economic research destined to become a classic in its field... [A]n accomplished study. --Claude Ury, Library Journal (Starred Review) An ambitious and rigorous attempt to address some long-overlooked questions about U.S. economic development. --Helen Fessenden, Econ Focus [I]ts conclusions are both accessible and urgent. --Kirkus Author InformationPeter H. Lindert is Distinguished Professor of Economics at the University of California, Davis. His books include Growing Public: Social Spending and Economic Growth since the Eighteenth Century. He lives in Davis, California. Jeffrey G. Williamson is the Laird Bell Professor of Economics, emeritus, at Harvard University. His books include Trade and Poverty: When the Third World Fell Behind. He lives in Madison, Wisconsin. Both are research associates at the National Bureau of Economic Research. Tab Content 6Author Website:Countries AvailableAll regions |
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