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Author Gramm, Phil, author.

Title The myth of American inequality : how government biases policy debate / Phil Gramm, Robert Ekelund, and John Early.

Publication Info. Lanham : Rowman & Littlefield, 2022.

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Location Call No. Status
 Portland Public Library - Adult Department  339.2 GRA    Check Shelf
Description viii, 255 pages : illustrations ; 24 cm
Bibliography Includes bibliographical references and index.
Contents Introduction: Official statistical measures understate America's well-being -- Inequality in producing and consuming in America -- Poverty in America -- Trends in income inequality -- Causes of the growth in earned-income inequality -- Measures of well-being -- What about the "super rich"? -- The American dream is alive and well -- Fifty years of economic progress -- Policy implications and conclusions.
Summary "Everything you know about income inequality, poverty and other measures of economic well-being in America is wrong. In measuring income inequality, poverty and other indexes of well-being our government does not count two-thirds of all transfer payments that are received or any of the taxes paid. When we get our facts straight poverty has virtually been eliminated, income inequality is lower than it was in 1947 and America is still the great land of opportunity"-- Provided by publisher.
Subject Income distribution -- United States.
United States -- Economic conditions.
Poverty -- United States.
Income distribution. (OCoLC)fst00968670
Poverty. (OCoLC)fst01074093
United States. (OCoLC)fst01204155
Added Author Ekelund, Robert B. (Robert Burton), 1940- author.
Early, John (Mathematical economist), author.
Other Form: Online version: Gramm, Phil. Myth of American inequality Lanham : Rowman & Littlefield, [2022] 9781538167397 (DLC) 2022014079
ISBN 9781538167380 (hardcover)
1538167387 (hardcover)
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