Changing Inequality

Overview

Rebecca M. Blank offers the first comprehensive analysis of an economic trend that has been reshaping the United States over the past three decades: rapidly rising income inequality.
In clear language, she provides an overview of how and why the level and distribution of income and wealth has changed since 1979, sets this situation within its historical context, and investigates the forces that are driving it. Among other factors, Blank looks closely at changes within families, ...

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Changing Inequality

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Overview

Rebecca M. Blank offers the first comprehensive analysis of an economic trend that has been reshaping the United States over the past three decades: rapidly rising income inequality.
In clear language, she provides an overview of how and why the level and distribution of income and wealth has changed since 1979, sets this situation within its historical context, and investigates the forces that are driving it. Among other factors, Blank looks closely at changes within families, including women’s increasing participation in the work force. The book includes some surprising findings—for example, that per-person income has risen sharply among almost all social groups, even as income has become more unequally distributed. Looking toward the future, Blank suggests that while rising inequality will likely be with us for many decades to come, it is not an inevitable outcome. Her book considers what can be done to address this trend, and also explores the question: why should we be concerned about this phenomenon?

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Editorial Reviews

Political Science Quarterly - Patrick Flavin
“I recommend this book . . . to anyone interested in why income inequality has increased so markedly over the last 30 years.”
Choice - R. S. Rycroft
“Blank offers insight on a topic of much current debate.”
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Product Details

  • ISBN-13: 9780520266926
  • Publisher: University of California Press
  • Publication date: 7/28/2011
  • Series: Wildavsky Forum Series
  • Pages: 240
  • Product dimensions: 5.70 (w) x 8.30 (h) x 0.80 (d)

Meet the Author

Rebecca M. Blank is former Robert Kerr Senior Fellow at the Brookings
Institution and former Dean of the Ford School of Public Policy at the University of Michigan. Most recently, she coedited
Insufficient Funds: Savings, Asset, Credit and Banking Among Low-
Income Households
and Working and Poor: How Economic and Policy Changes are Affecting Low-Wage Workers. She is also the author of It Takes a Nation: A New Agenda for Fighting Poverty, among other books.

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Table of Contents

List of Illustrations
Acknowledgments

Introduction

Part I. Changes in
Income and Earnings
1. A Broader Look at Changing
Inequality
2. Changing
Inequality in Annual Earnings and Its Components
3. Changing
Inequality in Total
Income and Its Components
4. Understanding These Changes

Part II. Can
Inequality be Reduced?
5. How Economic Shocks Change
Income Distribution
6. Ways to Reduce
Inequality (and Their Limits)
7. Changing
Inequality in the United States Today

Appendix 1. Details of the Chapter 2 Simulation and Appendix Figures
Appendix 2.
Income Components by Decile
Appendix 3. Details of the Chapter 4 Simulations
Appendix 4. Details of the Chapter 6 Simulations

Notes
References

Index

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