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Income and Wealth
Series: Greenwood Guides to Business and Economics
 Alan Reynolds

0-313-33688-1/978-0-313-33688-1

Description
Explains the hows and whys of income distribution—why some are rich, some are poor, how income is measured, and the impact of goverment policies on jobs and personal wealth.

Reviews:
-Income and Wealth is stunning in its revelations and its deflations of popular Democratic superstitions....Reynolds, a senior fellow at the Cato Institute, is an economist of acute precision. For years he has defended the capitalist way of doing things, and this volume is a high tribute to his championship of basic American ideas. —National Review Online
-Alan Reynolds has produced a most important examination of one of the dominant political myths for this current two-year run-up to the 2008 presidential election....Mr. Reynolds argues persuasively in Income and Wealth that poverty and wealth in America are not directly related to each other; the poor are not poor because of the well-to-do. Moreover, both the upper one percent and lowest 10 percent of incomes are affected by unrelated dynamics that have nothing to do with the Democratic nostrum of income redistribution via tax remedies--Robin Hood-onomics....In easily accessible prose, he shows us how the two Americas crowd is messing with our minds with its statistical fabrications....Whether the truths revealed by Mr. Reynolds will silence the two Americas myth will depend on how widely his book gets circulated in this coming year. The truth may set us free after all. —The Washington Times/The American Spectator
-[E]xplodes much of the downbeat economic conventional wisdom. —The Salt Lake Tribune
-The election season, once again, brought up the myth that Americans are worse off because inequality of income has been increasing in the United States. Myths are harmless in literature. But if Democrats, like Rep. Nancy Pelosi, start using it as evidence for raising taxes when the new Congress reconvenes, there is potential for real damage to the economy and to our living standards. Cato Institute senior fellow Alan Reynolds' new volume Income and Wealth assembles facts to explain and understand this myth, using figures from the Statistical Abstract of the United States. Reynolds also provides a clear guide to the countless academic studies on the subject. —New York Post
About the Author
Alan Reynolds is a Senior Fellow at the Cato Institute and was formerly Director of Economic Research at the Hudson Institute. He served as Research Director with the National Commission on Tax Reform and Economic Growth, as advisor to the National Commission on the Cost of Higher Education, and as a member of the OMB transition team in 1981. His studies have been published by the Organization for Economic Cooperation and Development, the Joint Economic Committee, the Federal Reserve Banks of Atlanta and St. Louis, and the Australian Stock Exchange. Author of The Microsoft Antitrust Appeal (2001), he has written for numerous publications since 1971, including The Wall Street Journal, The New York Times, National Review, The New Republic, Fortune, and the Harvard Business Review. A former columnist with Forbes and Reason, his weekly column is now nationally syndicated.
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0-313-33688-1 978-0-313-33688-1 Income and Wealth £37.95    
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