Unequal Gains: American Growth and Inequality since 1700 (The Princeton Economic History of the Western World) - Peter H. Lindert
KORTE INHOUD
A book that rewrites the history of American prosperity and inequality
Unequal 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...
Unequal 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...
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2016 Uitgever: Princeton University Press 424 paginas Taal: Engels ISBN-10: 0691170495 ISBN-13: 9780691170497Koop dit boek tweedehands
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