The Myth of American Inequality: How Government Biases Policy Debate
Published By: Rowman & Littlefield
Available from:
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.
“The Myth of Inequality will have a positive effect on the quality of policy discussions, and may well achieve its objective of changing the ways in which government agencies report information about American household income and consumption. At a time when partisan tribalism makes serious discussion almost impossible in Washington, this book shows that economics is still a powerful tool kit for informing and discipling our thinking across the partisan divide.” … continue reading
Charles W. Calomiris
Wall Street Journal | December 26, 2022
Phil Gramm
Nonresident Senior Fellow
Robert Ekelund
Author of more than 20 books and several hundred articles on the history of economic theory, economic history and economic policy in the specific areas of art, religion, and regulation
