Consumption and Social Welfare
Living Standards and their Distribution in the United States
By (author) Daniel T. Slesnick
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Consumption and Social Welfare by Daniel T. Slesnick
Book DescriptionThe most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges gives cause for concern: median family income has hardly changed over the last twenty-five years while inequality has increased and poverty remains 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 US 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. The work will be of interest to economists, sociologists, economic historians, political scientists, and other readers in the social and policy sciences. Designed to be accessible to non-economists, technical details are relegated to appendices.
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Book DetailsISBN: 9780521497206
(228mm x 152mm x 17mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 18-Dec-2000
Country of Publication: United Kingdom
Books By Author Daniel T. Slesnick
Consumption and Social Welfare, Paperback (November 2005)» View all books by Daniel T. Slesnick
Consumption-based explanation of the growth of living standards and the decrease in inequality and poverty.
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