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A Century of Wealth in America audiobook
- By: Edward N. Wolff
- Category: Business & Economics, General
- Length: 22 hours 37 minutes
- Publisher: Tantor Media, Inc
- Publish date: October 31, 2017
- Language: English
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A Century of Wealth in America Audiobook Summary
Understanding wealth in the United States-who has it, how they acquired it, and how they preserve it-is crucial to addressing the economic and political challenges facing the nation. But until now we have had little reliable information. Edward Wolff, one of the world’s great experts on the economics of wealth, offers an authoritative account of patterns in the accumulation and distribution of wealth since 1900.
A Century of Wealth in America demonstrates that the most remarkable change has been the growth of per capita household wealth, which climbed almost eightfold prior to the 2007 recession. But overlaid on this base rate are worrying trends. The share of personal wealth claimed by the richest one percent almost doubled between the mid-1970s and 2013, concurrent with a steep run-up of debt in the middle class. As the wealth of the average family dropped precipitously-by 44 percent-between 2007 and 2013, with black families hit hardest, the debt-income ratio more than doubled. The Great Recession also caused a sharp spike in asset poverty, as more and more families barely survived from one paycheck to the next. In short, the United States has changed from being one of the most economically equal of the advanced industrialized countries to being one of the most unequal.
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About the Author(s) of A Century of Wealth in America
Edward N. Wolff is the author of A Century of Wealth in America
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A Century of Wealth in America Full Details
| Length | 22 hours 37 minutes |
| Author | Edward N. Wolff |
| Category | |
| Publisher | Tantor Media, Inc |
| Release date | October 31, 2017 |
| ISBN | 9781541482449 |
Subjects
The publisher of the A Century of Wealth in America is Tantor Media, Inc. includes the following subjects: microeconomics, distribution of wealth, recession, Business & Economics, General, Business & Economics, Economic History, Business & Economics, Economics, Macroeconomics, Business & Economics, Economics, Microeconomics, Business & Economics, Economics, General, History, General, History, United States, General, Social Science, General, Social Science, Social Classes The BISAC Subject Code is Business & Economics, General
Additional info
The publisher of the A Century of Wealth in America is Tantor Media, Inc. The imprint is Tantor Media, Inc. It is supplied by Tantor Media, Inc. The ISBN-13 is 9781541482449.
Global Availability
This book is only available in the United States.
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