000			02708nam a2200421 i 4500
001			CR9781108854443
003			UkCbUP
005			20240912192529.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			190814s2020||||enk o ||1 0|eng|d
020			_a9781108854443 (ebook)
020			_z9781108494632 (hardback)
020			_z9781108796101 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
043			_an-us---
050	0	0	_aHC110.I5 _bT39 2020
082	0	0	_a339.20973 _223
100	1		_aTaylor, Lance, _d1940- _eauthor.
245	1	0	_aMacroeconomic inequality from Reagan to Trump : _bmarket power, wage repression, asset price inflation, and industrial decline / _cLance Taylor.
264		1	_aCambridge : _bCambridge University Press, _c2020.
300			_a1 online resource (xii, 132 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	1		_aStudies in new economic thinking
500			_aTitle from publisher's bibliographic system (viewed on 17 Jul 2020).
520			_aFor five decades, rising US income and wealth inequality has been driven by wage repression and production realignments benefitting the top one percent of households. In this inaugural book for Cambridge Studies in New Economic Thinking, Professor Lance Taylor takes an innovative approach to measuring inequality, providing the first and only full integration of distributional and macro level data for the US. While work by Thomas Piketty and colleagues pursues integration from the income side, Professor Taylor uses data of distributions by size of income and wealth combined with the cost and demand sides, flows of funds, and full balance sheet accounting of real capital and financial claims. This blends measures of inequality with national income and product accounts to show the relationship between productivity and wages at the industry sector level. Taylor assesses the scope and nature of various interventions to reduce income and wealth inequalities using his simulation model, disentangling wage growth and productivity while challenging mainstream models.
650		0	_aIncome distribution _zUnited States _xHistory _y20th century.
650		0	_aIncome distribution _zUnited States _xHistory _y21st century.
650		0	_aMacroeconomics _zUnited States _xHistory _y20th century.
650		0	_aMacroeconomics _zUnited States _xHistory _y21st century.
651		0	_aUnited States _xEconomic conditions _y1945-
776	0	8	_iPrint version: _z9781108494632
830		0	_aStudies in new economic thinking.
856	4	0	_uhttps://doi.org/10.1017/9781108854443
942			_2ddc _cEB
999			_c9290 _d9290