A century of wealth in America /:
Edward Wolff, one of the country's leading experts on household wealth, here provides a comprehensive study of wealth in America since 1910. The century brought shifting patterns in the ownership of wealth; Wolff explains the changes, offers ideas about how to reduce inequality, and explores is...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Massachusetts :
The Belknap Press of Harvard University Press,
2017.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Edward Wolff, one of the country's leading experts on household wealth, here provides a comprehensive study of wealth in America since 1910. The century brought shifting patterns in the ownership of wealth; Wolff explains the changes, offers ideas about how to reduce inequality, and explores issues in how to measure wealth in the first place. A Century of Wealth in America is not designed to advance one overarching argument; rather, its aim is to provide in one place the accurate information needed to consider many arguments. Still, Wolff presents no fewer than ten major findings in its pages. One of these is that median household wealth has recently returned to the levels of 1969. Another is that the average wealth of black families relative to white families has slipped significantly in recent years, after thirty years of stability. A third finding: the US has changed since 1950 from being one of the most equal countries in the developed world to being one of the most class-ridden. For many readers the book will serve as a complement to Thomas Piketty's Capital in the 21st Century. But while it reinforces Piketty's argument in many ways, it concentrates on wealth (as opposed to income), for example, and says much more about the poor. Wolff's ideas are also different than Piketty's on issues of inheritance (he's less worried about it) and the relationship between r (the rate of return to capital) and g (the overall rate of economic growth). He argues that inequality rises if r for the top one percent is greater than r for the middle class. Finally, thanks to its focus on America, the book provides much more fine-grained detail about the country, not least about the demographics of wealth and poverty.-- |
| Beschreibung: | 1 online resource (xv, 865 pages) : illustrations |
| Bibliographie: | Includes bibliographical references and index. |
| ISBN: | 9780674981362 0674981367 0674981375 9780674981379 |
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| 520 | |a Edward Wolff, one of the country's leading experts on household wealth, here provides a comprehensive study of wealth in America since 1910. The century brought shifting patterns in the ownership of wealth; Wolff explains the changes, offers ideas about how to reduce inequality, and explores issues in how to measure wealth in the first place. A Century of Wealth in America is not designed to advance one overarching argument; rather, its aim is to provide in one place the accurate information needed to consider many arguments. Still, Wolff presents no fewer than ten major findings in its pages. One of these is that median household wealth has recently returned to the levels of 1969. Another is that the average wealth of black families relative to white families has slipped significantly in recent years, after thirty years of stability. A third finding: the US has changed since 1950 from being one of the most equal countries in the developed world to being one of the most class-ridden. For many readers the book will serve as a complement to Thomas Piketty's Capital in the 21st Century. But while it reinforces Piketty's argument in many ways, it concentrates on wealth (as opposed to income), for example, and says much more about the poor. Wolff's ideas are also different than Piketty's on issues of inheritance (he's less worried about it) and the relationship between r (the rate of return to capital) and g (the overall rate of economic growth). He argues that inequality rises if r for the top one percent is greater than r for the middle class. Finally, thanks to its focus on America, the book provides much more fine-grained detail about the country, not least about the demographics of wealth and poverty.-- |c Provided by publisher. | ||
| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a I. Recent developments in personal wealth: Plan of the book and historical backdrop -- Trends in household wealth, 1962 to 2013 -- Changing portfolio composition and the rate of return on household wealth -- International comparisons of household wealth inequality -- II. Mechanisms behind changing wealth inequality: Deconstructing wealth trends, 1983-2013 -- Age-wealth profiles and the life cycle model: implications for wealth accumulation -- Inheritances and the distribution of wealth -- The role of social security and private pensions -- III. Who are the rich and the poor?: Wealth differences among socio-economic groups -- Who are the rich? A demographic profile of high-income and high-wealth Americans -- The persistence of asset poverty -- IV. Wealth over the long term: Long-term trends in aggregate household wealth -- Long-term trends in the concentration of household wealth -- V. Tax policy and conclusion: Wealth taxation -- Summary of principal findings and concluding comments. | |
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| author | Wolff, Edward N. |
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| contents | I. Recent developments in personal wealth: Plan of the book and historical backdrop -- Trends in household wealth, 1962 to 2013 -- Changing portfolio composition and the rate of return on household wealth -- International comparisons of household wealth inequality -- II. Mechanisms behind changing wealth inequality: Deconstructing wealth trends, 1983-2013 -- Age-wealth profiles and the life cycle model: implications for wealth accumulation -- Inheritances and the distribution of wealth -- The role of social security and private pensions -- III. Who are the rich and the poor?: Wealth differences among socio-economic groups -- Who are the rich? A demographic profile of high-income and high-wealth Americans -- The persistence of asset poverty -- IV. Wealth over the long term: Long-term trends in aggregate household wealth -- Long-term trends in the concentration of household wealth -- V. Tax policy and conclusion: Wealth taxation -- Summary of principal findings and concluding comments. |
| ctrlnum | (OCoLC)1029256522 |
| dewey-full | 339.20973/0904 |
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| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339.20973/0904 |
| dewey-search | 339.20973/0904 |
| dewey-sort | 3339.20973 3904 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| era | Since 1900 fast |
| era_facet | Since 1900 |
| format | Electronic eBook |
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Wolff.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, Massachusetts :</subfield><subfield code="b">The Belknap Press of Harvard University Press,</subfield><subfield code="c">2017.</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2017</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (xv, 865 pages) :</subfield><subfield code="b">illustrations</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Edward Wolff, one of the country's leading experts on household wealth, here provides a comprehensive study of wealth in America since 1910. 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| genre | History fast |
| genre_facet | History |
| geographic | United States Economic conditions 20th century. http://id.loc.gov/authorities/subjects/sh2001001975 United States Economic conditions 2001-2009. http://id.loc.gov/authorities/subjects/sh2001004604 United States Economic conditions 2009- http://id.loc.gov/authorities/subjects/sh2009006641 États-Unis Conditions économiques 20e siècle. États-Unis Conditions économiques 2001-2009. États-Unis Conditions économiques 2009- United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq USA gnd http://d-nb.info/gnd/4078704-7 |
| geographic_facet | United States Economic conditions 20th century. United States Economic conditions 2001-2009. United States Economic conditions 2009- États-Unis Conditions économiques 20e siècle. États-Unis Conditions économiques 2001-2009. États-Unis Conditions économiques 2009- United States USA |
| id | ZDB-4-EBA-on1029256522 |
| illustrated | Illustrated |
| indexdate | 2024-11-27T13:28:16Z |
| institution | BVB |
| isbn | 9780674981362 0674981367 0674981375 9780674981379 |
| language | English |
| oclc_num | 1029256522 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (xv, 865 pages) : illustrations |
| psigel | ZDB-4-EBA |
| publishDate | 2017 |
| publishDateSearch | 2017 |
| publishDateSort | 2017 |
| publisher | The Belknap Press of Harvard University Press, |
| record_format | marc |
| spelling | Wolff, Edward N., author. http://id.loc.gov/authorities/names/n85354005 A century of wealth in America / Edward N. Wolff. Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2017. ©2017 1 online resource (xv, 865 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier Edward Wolff, one of the country's leading experts on household wealth, here provides a comprehensive study of wealth in America since 1910. The century brought shifting patterns in the ownership of wealth; Wolff explains the changes, offers ideas about how to reduce inequality, and explores issues in how to measure wealth in the first place. A Century of Wealth in America is not designed to advance one overarching argument; rather, its aim is to provide in one place the accurate information needed to consider many arguments. Still, Wolff presents no fewer than ten major findings in its pages. One of these is that median household wealth has recently returned to the levels of 1969. Another is that the average wealth of black families relative to white families has slipped significantly in recent years, after thirty years of stability. A third finding: the US has changed since 1950 from being one of the most equal countries in the developed world to being one of the most class-ridden. For many readers the book will serve as a complement to Thomas Piketty's Capital in the 21st Century. But while it reinforces Piketty's argument in many ways, it concentrates on wealth (as opposed to income), for example, and says much more about the poor. Wolff's ideas are also different than Piketty's on issues of inheritance (he's less worried about it) and the relationship between r (the rate of return to capital) and g (the overall rate of economic growth). He argues that inequality rises if r for the top one percent is greater than r for the middle class. Finally, thanks to its focus on America, the book provides much more fine-grained detail about the country, not least about the demographics of wealth and poverty.-- Provided by publisher. Includes bibliographical references and index. I. Recent developments in personal wealth: Plan of the book and historical backdrop -- Trends in household wealth, 1962 to 2013 -- Changing portfolio composition and the rate of return on household wealth -- International comparisons of household wealth inequality -- II. Mechanisms behind changing wealth inequality: Deconstructing wealth trends, 1983-2013 -- Age-wealth profiles and the life cycle model: implications for wealth accumulation -- Inheritances and the distribution of wealth -- The role of social security and private pensions -- III. Who are the rich and the poor?: Wealth differences among socio-economic groups -- Who are the rich? A demographic profile of high-income and high-wealth Americans -- The persistence of asset poverty -- IV. Wealth over the long term: Long-term trends in aggregate household wealth -- Long-term trends in the concentration of household wealth -- V. Tax policy and conclusion: Wealth taxation -- Summary of principal findings and concluding comments. Print version record. Wealth United States History 20th century. Wealth United States History 21st century. Households Economic aspects United States History 20th century. Households Economic aspects United States History 21st century. United States Economic conditions 20th century. http://id.loc.gov/authorities/subjects/sh2001001975 United States Economic conditions 2001-2009. http://id.loc.gov/authorities/subjects/sh2001004604 United States Economic conditions 2009- http://id.loc.gov/authorities/subjects/sh2009006641 Richesse États-Unis Histoire 20e siècle. Richesse États-Unis Histoire 21e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 20e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 21e siècle. États-Unis Conditions économiques 20e siècle. États-Unis Conditions économiques 2001-2009. États-Unis Conditions économiques 2009- BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS / Economic History bisacsh United States fast https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Wealth fast Households Economic aspects fast Economic history fast Vermögensverteilung gnd Finanzkrise gnd http://d-nb.info/gnd/7635855-0 Mittelstand gnd http://d-nb.info/gnd/4039713-0 USA gnd http://d-nb.info/gnd/4078704-7 Since 1900 fast History fast has work: A century of wealth in America (Text) https://id.oclc.org/worldcat/entity/E39PCH6r6PFqmCTMWDDQ9DMxwy https://id.oclc.org/worldcat/ontology/hasWork Print version: Wolff, Edward N. Century of wealth in America. Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2017 9780674495142 0674495144 (DLC) 2017011157 (OCoLC)981761478 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1723014 Volltext |
| spellingShingle | Wolff, Edward N. A century of wealth in America / I. Recent developments in personal wealth: Plan of the book and historical backdrop -- Trends in household wealth, 1962 to 2013 -- Changing portfolio composition and the rate of return on household wealth -- International comparisons of household wealth inequality -- II. Mechanisms behind changing wealth inequality: Deconstructing wealth trends, 1983-2013 -- Age-wealth profiles and the life cycle model: implications for wealth accumulation -- Inheritances and the distribution of wealth -- The role of social security and private pensions -- III. Who are the rich and the poor?: Wealth differences among socio-economic groups -- Who are the rich? A demographic profile of high-income and high-wealth Americans -- The persistence of asset poverty -- IV. Wealth over the long term: Long-term trends in aggregate household wealth -- Long-term trends in the concentration of household wealth -- V. Tax policy and conclusion: Wealth taxation -- Summary of principal findings and concluding comments. Wealth United States History 20th century. Wealth United States History 21st century. Households Economic aspects United States History 20th century. Households Economic aspects United States History 21st century. Richesse États-Unis Histoire 20e siècle. Richesse États-Unis Histoire 21e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 20e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 21e siècle. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS / Economic History bisacsh Wealth fast Households Economic aspects fast Economic history fast Vermögensverteilung gnd Finanzkrise gnd http://d-nb.info/gnd/7635855-0 Mittelstand gnd http://d-nb.info/gnd/4039713-0 |
| subject_GND | http://id.loc.gov/authorities/subjects/sh2001001975 http://id.loc.gov/authorities/subjects/sh2001004604 http://id.loc.gov/authorities/subjects/sh2009006641 http://d-nb.info/gnd/7635855-0 http://d-nb.info/gnd/4039713-0 http://d-nb.info/gnd/4078704-7 |
| title | A century of wealth in America / |
| title_auth | A century of wealth in America / |
| title_exact_search | A century of wealth in America / |
| title_full | A century of wealth in America / Edward N. Wolff. |
| title_fullStr | A century of wealth in America / Edward N. Wolff. |
| title_full_unstemmed | A century of wealth in America / Edward N. Wolff. |
| title_short | A century of wealth in America / |
| title_sort | century of wealth in america |
| topic | Wealth United States History 20th century. Wealth United States History 21st century. Households Economic aspects United States History 20th century. Households Economic aspects United States History 21st century. Richesse États-Unis Histoire 20e siècle. Richesse États-Unis Histoire 21e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 20e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 21e siècle. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS / Economic History bisacsh Wealth fast Households Economic aspects fast Economic history fast Vermögensverteilung gnd Finanzkrise gnd http://d-nb.info/gnd/7635855-0 Mittelstand gnd http://d-nb.info/gnd/4039713-0 |
| topic_facet | Wealth United States History 20th century. Wealth United States History 21st century. Households Economic aspects United States History 20th century. Households Economic aspects United States History 21st century. United States Economic conditions 20th century. United States Economic conditions 2001-2009. United States Economic conditions 2009- Richesse États-Unis Histoire 20e siècle. Richesse États-Unis Histoire 21e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 20e siècle. Ménages (Statistique) Aspect économique États-Unis Histoire 21e siècle. États-Unis Conditions économiques 20e siècle. États-Unis Conditions économiques 2001-2009. États-Unis Conditions économiques 2009- BUSINESS & ECONOMICS Economics Macroeconomics. POLITICAL SCIENCE Economic Conditions. BUSINESS & ECONOMICS / Economic History United States Wealth Households Economic aspects Economic history Vermögensverteilung Finanzkrise Mittelstand USA History |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1723014 |
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