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Richer and More Equal
A New History of Wealth in the West
Buch von Daniel Waldenstrom
Sprache: Englisch

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Beschreibung
Once there were princes and peasants and very few between. The extremes of wealth and poverty are still with us, but that shouldn't blind us to the fact our societies have been utterly transformed for the better over the past century. As Daniel Waldenström makes clear in this authoritative account of wealth accumulation and inequality in the modern west, we are today both significantly richer and more equal. Using cutting-edge research and new, sometimes surprising, data, Waldenström shows that what stands out since the late 1800s is a massive rise in the size of the middle class and its share of society's total wealth. Unfettered capitalism, it seems, doesn't have to lead to boundless inequality. The key to progress was political and institutional change that enabled citizens to become educated, better paid, and to amass wealth through housing and pension savings. Waldenström asks how we can consolidate these gains while encouraging the creation of new capital. The answer, he argues, is to pursue tax and social policies that raise the wealth of people in the bottom and middle rather than cutting wealth of entrepreneurs at the top. Richer and More Equal is a benchmark account of one of the most profound and encouraging social changes in human history and a blueprint for continued progress.
Once there were princes and peasants and very few between. The extremes of wealth and poverty are still with us, but that shouldn't blind us to the fact our societies have been utterly transformed for the better over the past century. As Daniel Waldenström makes clear in this authoritative account of wealth accumulation and inequality in the modern west, we are today both significantly richer and more equal. Using cutting-edge research and new, sometimes surprising, data, Waldenström shows that what stands out since the late 1800s is a massive rise in the size of the middle class and its share of society's total wealth. Unfettered capitalism, it seems, doesn't have to lead to boundless inequality. The key to progress was political and institutional change that enabled citizens to become educated, better paid, and to amass wealth through housing and pension savings. Waldenström asks how we can consolidate these gains while encouraging the creation of new capital. The answer, he argues, is to pursue tax and social policies that raise the wealth of people in the bottom and middle rather than cutting wealth of entrepreneurs at the top. Richer and More Equal is a benchmark account of one of the most profound and encouraging social changes in human history and a blueprint for continued progress.
Über den Autor

Daniel Waldenström is Professor of Economics at the Research Institute of Industrial Economics (IFN)in Stockholm, Sweden, where he directs the Taxation and Society research program. Previously, he taught at Uppsala University, the Paris School of Economics, and UCLA. His research concerns economic inequality, fiscal policy, and economic history.

Inhaltsverzeichnis
Preface

1 Uncovering a Positive Story

Part I: Building Wealth
2 The History of Wealth Accumulation
3 The Changing Nature of Wealth
4 Homes and Pensions: The Pillars of Household Wealth

Part II: Wealth Inequality
5 The Great Wealth Equalization of the Twentieth Century
6 Exploring the Great Wealth Equalization
7 Hidden Offshore Wealth
8 Public Sector Wealth
9 Inheritance and Wealth Inequality

Part III: A New History of Wealth
10 Conclusions and Policy Insights

Notes
References
Index
Details
Erscheinungsjahr: 2024
Fachbereich: Volkswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Preface1 Uncovering a Positive StoryPart I: Building Wealth2 The History of Wealth Accumulation3 The Changing Nature of Wealth4 Homes and Pensions: The Pillars of Household WealthPart II: Wealth Inequality5 The Great Wealth Equalization of the Twentieth
ISBN-13: 9781509557783
ISBN-10: 1509557784
Sprache: Englisch
Einband: Gebunden
Autor: Waldenstrom, Daniel
Hersteller: John Wiley and Sons Ltd
Maße: 216 x 148 x 32 mm
Von/Mit: Daniel Waldenstrom
Erscheinungsdatum: 28.06.2024
Gewicht: 0,466 kg
Artikel-ID: 128372960
Über den Autor

Daniel Waldenström is Professor of Economics at the Research Institute of Industrial Economics (IFN)in Stockholm, Sweden, where he directs the Taxation and Society research program. Previously, he taught at Uppsala University, the Paris School of Economics, and UCLA. His research concerns economic inequality, fiscal policy, and economic history.

Inhaltsverzeichnis
Preface

1 Uncovering a Positive Story

Part I: Building Wealth
2 The History of Wealth Accumulation
3 The Changing Nature of Wealth
4 Homes and Pensions: The Pillars of Household Wealth

Part II: Wealth Inequality
5 The Great Wealth Equalization of the Twentieth Century
6 Exploring the Great Wealth Equalization
7 Hidden Offshore Wealth
8 Public Sector Wealth
9 Inheritance and Wealth Inequality

Part III: A New History of Wealth
10 Conclusions and Policy Insights

Notes
References
Index
Details
Erscheinungsjahr: 2024
Fachbereich: Volkswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Preface1 Uncovering a Positive StoryPart I: Building Wealth2 The History of Wealth Accumulation3 The Changing Nature of Wealth4 Homes and Pensions: The Pillars of Household WealthPart II: Wealth Inequality5 The Great Wealth Equalization of the Twentieth
ISBN-13: 9781509557783
ISBN-10: 1509557784
Sprache: Englisch
Einband: Gebunden
Autor: Waldenstrom, Daniel
Hersteller: John Wiley and Sons Ltd
Maße: 216 x 148 x 32 mm
Von/Mit: Daniel Waldenstrom
Erscheinungsdatum: 28.06.2024
Gewicht: 0,466 kg
Artikel-ID: 128372960
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