United States Income Wealth Consumption and Inequality

Over the past 75 years household income in the United States has increased substantially. Still by some measures income inequality has increased as well. This has been the subject of contested public policy and political discourse. The question still stands: How can we better articulate the nuanced changes in American incomes? It is difficult to have conversations about income inequality without an agreed-upon set of terms metrics and concepts. <p/><em>United States Income Wealth Consumption and Inequality</em> edited by Diana Furchtgott-Roth examines the trends in income growth in the United States and explores various measures of income including market post-tax and post-transfer income. Within each chapter distinguished experts explain how income and wealth--and the way we measure them--have changed in the United States which demographic groups have benefited from these changes and how mobility has changed over time and over generations. Specific chapters explain the roles of gender and race. The resulting book is relevant to modern international policy particularly in light of the COVID-19 pandemic and addresses what can be done to increase economic mobility in the United States.<br>