The Myth of American Inequality: How Government Biases Policy Debate

The Myth of American Inequality: How Government Biases Policy Debate

Author
Phil Gramm, Robert Ekelund, John Early
Publisher
Rowman & Littlefield
Language
English
Year
2022
Page
264
ISBN
1538167387,9781538167380
File Type
pdf
File Size
4.7 MiB

A Wall Street Journal Best Book of 2022: Politics • Winner of the 2024 Hayek Book Prize, Manhattan Institute
Everything you know about income inequality, poverty, and other measures of economic well-being in America is wrong. In this provocative book, a former United States senator, eminent economist, and a former senior leader at the Bureau of Labor Statistics challenge the prevailing consensus that income inequality is a growing threat to American society. By taking readers on a deep dive into the way government measures economic well-being, they demonstrate that our official statistics dramatically overstate inequality. Getting the facts straight reveals that the key measures of well-being are greater than the official statistics of the country would lead us to believe. Income inequality is lower today than at any time in post- World War II America. The facts reveal a very different and better America than the one that is currently described by policy advocates across much of the political spectrum. The Myth of American Inequality provides clear and convincing evidence that the American Dream is alive and well.

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