Myths Of Rich And Poor

Why We're Better Off Than We Think

Business & Finance, Economics
Cover of the book Myths Of Rich And Poor by Michael W. Cox, Richard Alm, Basic Books
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Author: Michael W. Cox, Richard Alm ISBN: 9780786723911
Publisher: Basic Books Publication: August 4, 2008
Imprint: Basic Books Language: English
Author: Michael W. Cox, Richard Alm
ISBN: 9780786723911
Publisher: Basic Books
Publication: August 4, 2008
Imprint: Basic Books
Language: English

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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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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