The ethical question implied by discreparcies between the distribution of income and the economic foundations of our country is at the heart of much of today's political debate. The answer according to the left-and often the mainstream media-would require major changes in the way our economy functions so as to further redistribute income among households. Higher tax rates on the upper middle class and rich, more restrictive corporate regulations (including higher taxes), more centralized economic planning, in short more governmental intervention into the free market, would all be in our future-and their deleterious effects would soon begin working their way into American life, according to Paul Ryscavage in Rethinking the Income Gap. This book is written by an economist who has spent his career studying and analyzing income inequality. News reports of mushrooming fortunes, most recently among CEOs and hedge fund managers, alongside reports of a struggling middle class and an intractable poverty class, have been common topics for the nation's media. Ryscavage asserts that the media has misused many of the facts surrounding the increase in income inequality. He calls for a reexamination of the facts and what they mean and do not mean-and ultimately shows that, contrary to media reports, income inequality can no longer be used as a measure of economic fairness. He also writes that, notwithstanding the economic downturn of 2008, the "real" news that the media have not reported is the expansion in recent decades of our nation's middle class, especially the upper middle class. Ryscavage argues that we must reexamine what the income gap means. Its relevance as a measure of economic fairness has diminished significantly in recent years. Instead, the income gap is now linked to a variety of economic problems confronting the nation and used as a rhetorical device for stirring up social concern and advancing political agendas. Rethinking the income gap is overdue. This book does just that.
In 1913, President Woodrow Wilson opened the nation’s door to an era of reform. To help him, he brought to Washington men imbued with a progressive spirit—and in some, grudges as well! Before work on reforms got underway, two high ranking officials of the Treasury Department attacked a local bank over its banking practices. The bank officers had close ties to Wall Street; the Treasury officials were no friends of Wall Street (with scars to prove it). Aggressive bank examinations, hostile interviews, and accusatory letters ensued, eventually resulting in the bank filing an injunction against the government. But after an acrimonious court hearing, the injunction appeared to have failed. Indeed, a grand jury indicted the bank officers of perjury. In 1916, a three-week criminal trial of the bankers took place in which former Presidents Taft and Roosevelt appeared on behalf of the bankers. It was a cause celebre in the nation’s capital and much of the country. When the verdict was reached it was clear “bad blood” had been spilled everywhere—and this nasty, little war had been more than just about reform.
What is income inequality? How is it measured? Is the middle class really declining? How does it relate to poverty? How long has inequality been rising in the US? Have there been other periods in history when income differences were as large as they are today? What are the causes of growing income and wage inequality? The author addresses these and other conceptual issues in eight carefully reasoned and clearly presented chapters. Concluding with an analysis and comparison of trends in wage inequality in other developed countries, he asks the final speculative question: How much more growth in inequality can our society withstand?
Norman Bruce Ream was born in southwestern Pennsylvania in 1844, the son of a farmer. He exhibited a commercial sense, but the Civil War interrupted his ambitions. Wounded twice, he returned home a hero. After some unsuccessful business ventures out west, he went to Chicago in 1871 and became a commission merchant in the Union Stockyards. A few years later, he moved uptown and traded grains and provisions in the pits of the Board of Trade. Money poured in. Indeed, by 1886 he was a millionaire (also married and the father of several children). He started investing in real estate, urban transit companies, railroad stock--and began consolidating and financing enterprises. At century's end, he was traveling to New York City, impressing financiers like J. Pierpont Morgan. Indeed, he helped Morgan put together the U.S. Steel Corporation and the International Harvester Company, served on many boards, and even advised Morgan during the panic of 1907. But life grew turbulent. Public sentiment soured towards Wall Street and the wealthy. This, along with the presumed indiscretions of some of his children, kept his name in the press. He died in 1915, and gradually, his life was forgotten.
THE PIONEERING WORK IN HIV MEDICINE, COMPLETELY REVISED FOR THE FIRST TIME SINCE 2012 The 17th edition of Bartlett's Medical Management of HIV Infection offers the best-available clinical guidance for treatment of patients with HIV. Edited by preeminent and pioneering authorities in HIV research and clinical care, it has earned its status as the definitive work for physicians, physician assistants, nurse practitioners, pharmacists, and anyone working in the care of persons with HIV. Updated to reflect the most recent innovations in HIV prevention and therapy, this text balances new and old approaches to produce a guide to clinical management in any setting. Coverage includes: · New approaches to prevention of HIV and prevention of infection in patients with HIV · Laboratory protocols for screening and treatment · Antiretroviral therapies (including dosage and adverse effects and drug interactions ) · HIV treatment in resource-limited settings · Management of infections A portable, navigable guide to an exquisitely complex field, Bartlett's Medical Management of HIV Infection is the continuing standard for practice and education in the field of HIV.
In this provocative book, the authors look at the interaction between population and food supply and offer a powerful and radical strategy for balancing human numbers with nutritional needs. Their proposals include improving the status of women, reducing racism and religious prejudice, reforming the agricultural system, and shrinking the growing gap between rich and poor. "This ambitious, enlightened handbook is a cornucopia of strategies and ideas for concerned citizens and policymakers."--Publishers Weekly "Give equal education and power to women throughout the world, argue the authors: when that happens, birth rates fall and food supplies go up."--San Francisco Chronicle (Best Bets of 1995) "[The book] can help us understand the past and possible future of the meals most Westerners take for granted."--Bill McKibben, New York Review of Books "A well-reasoned account of how poverty forces unsustainable use of natural resources . . . a careful and balanced treatment of developments in agriculture . . . that may help food production to stay ahead of population growth."--Basia Zaba, Nature "This generation faces a set of challenges unprecedented in their scope and severity and in the shortness of time left to resolve them. . . . The Stork and the Plow sets these out thoughtfully [and] accurately. . . . We can all hope this urgent message is carefully heeded."--Henry W. Kendall, Nobel laureate and Julius A. Stratton Professor of Physics, MIT "A wonderful piece of work."--Partha Dasgupta, American Scientist
Advances in Ophthalmology and Optometry reviews the most current practices in both ophthalmology and optometry. A distinguished editorial board, headed by Dr. Myron Yanoff, identifies key areas of major progress and controversy and invites expert ophthalmologists and Optometrists to contribute original articles devoted to these topics. These insightful overviews bring concepts to a clinical level and explore their everyday impact on patient care. Topics will cover all specialty areas, highlighting the most current and relevant information in the field.
Originally published in 1989. ECESIS consists of 51 regional econometric models (one for each state and the District of Columbia) and a multiregional demographic model. Its distinguishing feature is the linking of sophisticated demographic accounts with sophisticated structural econometric models. This book, looking at how strong the interactions are between population dynamics and economic activity, determines to what extent the simultaneous economic-demographic interregional model provides improved projection and simulation properties over regional economic and demographic models used independently of one another.
A far-reaching transformation is taking place in the US in the relationship between employers and employees. The lessons learned from Japan and from "best practice" companies like IBM about how job security, training, and internal development can improve employee commitment and performance have given way to a new set of lessons about how companies can redue fixed costs, increase flexibility, and improve performance by eliminating the elaborate employment systems that prepared employees for long careers in the company. Where the old arrangement protected employees from outside market forces, the new ones drag the market right back in through downsizing, contingent workforces, hiring on the outside for new skills, and compensation contingent on overall organizational performance. New work systems that reengineer processes and empower employees "flatten" the organizational chart, cutting management jobs in particular and reducing opportunities for career development. The new arrangements shift many of the risks of business from the firm to the employees and make employees, rather than employers, responsible for developing their own skills and careers. They also increase the demands placed on workers while reducing what they receive back for their efforts. While morale is down and stress is up, employee performance seems to be rising largely because of fear driven by the shortage of good jobs. Change at Work explores the theme that employees have paid the price for the widespread restructuring of American firms as illustrated by reduced security, greater effort and hours, and reduced morale. In this important study--commissioned by the National Planning Asociation's Committee on New American Realities--the authors consider how individuals and employers need to adapt to the new arrangements as well as the implicatioons for important policy issues such as how skills will be developed where the attachment to the firms is sharply reduced. The future is uncertain, but the authors argue that the traditional relationship between employer and employee will continue to erode, making this work essential reading for managers concerned with the profound impact corporate restructuring has had on the lives of workers.
The ethical question implied by discreparcies between the distribution of income and the economic foundations of our country is at the heart of much of today's political debate. The answer according to the left-and often the mainstream media-would require major changes in the way our economy functions so as to further redistribute income among households. Higher tax rates on the upper middle class and rich, more restrictive corporate regulations (including higher taxes), more centralized economic planning, in short more governmental intervention into the free market, would all be in our future-and their deleterious effects would soon begin working their way into American life, according to Paul Ryscavage in Rethinking the Income Gap. This book is written by an economist who has spent his career studying and analyzing income inequality. News reports of mushrooming fortunes, most recently among CEOs and hedge fund managers, alongside reports of a struggling middle class and an intractable poverty class, have been common topics for the nation's media. Ryscavage asserts that the media has misused many of the facts surrounding the increase in income inequality. He calls for a reexamination of the facts and what they mean and do not mean-and ultimately shows that, contrary to media reports, income inequality can no longer be used as a measure of economic fairness. He also writes that, notwithstanding the economic downturn of 2008, the "real" news that the media have not reported is the expansion in recent decades of our nation's middle class, especially the upper middle class. Ryscavage argues that we must reexamine what the income gap means. Its relevance as a measure of economic fairness has diminished significantly in recent years. Instead, the income gap is now linked to a variety of economic problems confronting the nation and used as a rhetorical device for stirring up social concern and advancing political agendas. Rethinking the income gap is overdue. This book does just that.
Norman Bruce Ream was born in southwestern Pennsylvania in 1844, the son of a farmer. He exhibited a commercial sense, but the Civil War interrupted his ambitions. Wounded twice, he returned home a hero. After some unsuccessful business ventures out west, he went to Chicago in 1871 and became a commission merchant in the Union Stockyards. A few years later, he moved uptown and traded grains and provisions in the pits of the Board of Trade. Money poured in. Indeed, by 1886 he was a millionaire (also married and the father of several children). He started investing in real estate, urban transit companies, railroad stock--and began consolidating and financing enterprises. At century's end, he was traveling to New York City, impressing financiers like J. Pierpont Morgan. Indeed, he helped Morgan put together the U.S. Steel Corporation and the International Harvester Company, served on many boards, and even advised Morgan during the panic of 1907. But life grew turbulent. Public sentiment soured towards Wall Street and the wealthy. This, along with the presumed indiscretions of some of his children, kept his name in the press. He died in 1915, and gradually, his life was forgotten.
In 1913, President Woodrow Wilson opened the nation’s door to an era of reform. To help him, he brought to Washington men imbued with a progressive spirit—and in some, grudges as well! Before work on reforms got underway, two high ranking officials of the Treasury Department attacked a local bank over its banking practices. The bank officers had close ties to Wall Street; the Treasury officials were no friends of Wall Street (with scars to prove it). Aggressive bank examinations, hostile interviews, and accusatory letters ensued, eventually resulting in the bank filing an injunction against the government. But after an acrimonious court hearing, the injunction appeared to have failed. Indeed, a grand jury indicted the bank officers of perjury. In 1916, a three-week criminal trial of the bankers took place in which former Presidents Taft and Roosevelt appeared on behalf of the bankers. It was a cause celebre in the nation’s capital and much of the country. When the verdict was reached it was clear “bad blood” had been spilled everywhere—and this nasty, little war had been more than just about reform.
What is income inequality? How is it measured? Is the middle class really declining? How does it relate to poverty? How long has inequality been rising in the US? Have there been other periods in history when income differences were as large as they are today? What are the causes of growing income and wage inequality? The author addresses these and other conceptual issues in eight carefully reasoned and clearly presented chapters. Concluding with an analysis and comparison of trends in wage inequality in other developed countries, he asks the final speculative question: How much more growth in inequality can our society withstand?
Good Day! , the critically-acclaimed biography about the legendary Paul Harvey, is now in paperback! In this heartwarming book, author Paul J. Batura tells the all-American story of one of the best-known radio voices in history. From his humble beginnings to his unparalleled career of more than 50 years with ABC radio, Paul Harvey narrated America's story day by day, through wars and peace, through the threat of communism and the crumbling of old colonial powers, through consumer booms and eventual busts.
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