Name: Myths of Rich and Poor : Why We're Better Off Than We Think
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Author: Michael W. Cox
ISBN: 9780465047833

Nonfiction | Business & Investing

Myths of Rich and Poor : Why We're Better Off Than We Think

by Michael W. Cox 2020-04-20 10:36:33

Myths of Rich and Poor : Why We're Better Off Than We Think

by Michael W. Cox 2020-04-20 10:36:33

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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 rich... Read more

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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8x5x0.58inches
272
Basic Books
January 12, 2000
English
9780465047833

Michael W. Cox

Author

W. Michael Cox is senior vice president and chief economist of the Federal Reserve Bank of Dallas. He has written for The New York Times and was interviewed in Wired magazine; his annual reports for t...

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