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Consumption and Social Welfare: Living Standards and their Distribution in the United States
Hardback
Main Details
| Title |
Consumption and Social Welfare: Living Standards and their Distribution in the United States
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| Authors and Contributors |
By (author) Daniel T. Slesnick
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| Physical Properties |
| Format:Hardback | | Pages:244 | | Dimensions(mm): Height 229,Width 152 |
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| Category/Genre | Macroeconomics
Public finance |
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| ISBN/Barcode |
9780521497206
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| Classifications | Dewey:339.470973 |
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| Audience | | Professional & Vocational | |
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| Illustrations |
20 Tables, unspecified; 88 Line drawings, unspecified
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Publishing Details |
| Publisher |
Cambridge University Press
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| Imprint |
Cambridge University Press
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| Publication Date |
18 December 2000 |
| Publication Country |
United Kingdom
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Description
The most widely-cited social welfare statistics in the United States are based on tabulations on family income. The picture that emerges is cause for concern; median family income has hardly changed over the past 25 years while inequality has increased and poverty remained persistently high. Yet, consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare. Closely linked to economic theory, Professor Slesnick's examination of standards of living, inequality, and poverty reveal that the standard of U.S. living has grown significantly while inequality and poverty have decreased to relatively low levels. His assessment is drawn from extended period data in order to chart long-run trends.
Reviews"but the book certaninly will whet the appetite" CHOICE Dec 2001
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