Changing Inequality (Volume 8) (Wildavsky Forum Series)

Rebecca M. Blank offers the first comprehensive analysis of an economic trend that has been reshaping the United States over the past three decades: rapidly rising income inequality. In clear language, she provides an overview of how and why the level and distribution of income and wealth has changed since 1979, sets this situation within its historical context, and investigates the forces that are driving it. Among other factors, Blank looks closely at changes within families, including women’s increasing participation in the work force. The book includes some surprising findings―for example, that per-person income has risen sharply among almost all social groups, even as income has become more unequally distributed. Looking toward the future, Blank suggests that while rising inequality will likely be with us for many decades to come, it is not an inevitable outcome. Her book considers what can be done to address this trend, and also explores the question: why should we be concerned about this phenomenon?

Business & Money

Blank, Rebecca M.

Economics

University of California Press

Rebecca M. Blank offers the first comprehensive analysis of an economic trend that has been reshaping the United States over the past three decades: rapidly rising income inequality. In clear language, she provides an overview of how and why the level and distribution of income and wealth has changed since 1979, sets this situation within its historical context, and investigates the forces that are driving it. Among other factors, Blank looks closely at changes within families, including women’s increasing participation in the work force. The book includes some surprising findings―for example, that per-person income has risen sharply among almost all social groups, even as income has become more unequally distributed. Looking toward the future, Blank suggests that while rising inequality will likely be with us for many decades to come, it is not an inevitable outcome. Her book considers what can be done to address this trend, and also explores the question: why should we be concerned about this phenomenon?

It Takes a Nation

As Americans experiment with dismantling the nation's welfare system, clichés and slogans proliferate, ranging from charges that the poor are simply lazy to claims that existing antipoverty programs have failed completely. In this impeccably researched book, Rebecca Blank provides the definitive antidote to the scapegoating, guesswork, and outright misinformation of today's welfare debates. Demonstrating that government aid has been far more effective than most people think, she also explains that even private support for the poor depends extensively on public funds. It takes a nation to fight a problem as pervasive and subtle as modern poverty, and this book argues that we should continue to implement a mix of private and public programs. Federal, state, and local assistance should go hand in hand with private efforts at community development and personal empowerment and change.
 The first part of the book investigates the changing nature of poverty in America. Poverty is harder to combat now than in the past, both because of the changing demographics of who is poor as well as the major deterioration in earnings among less-skilled workers. The second part of the book delves into policies designed to reduce poverty, presenting evidence that many though not all programs have done exactly what they set out to do. The final chapters provide an excellent review of recent policy changes and make workable suggestions for how to improve public assistance programs to assure a safety net, while still encouraging poor adults to find employment and support their families.

Politics & Social Sciences

Social Sciences

Princeton University Press

In the great tradition of moral argument about the nature of the economic market, Rebecca Blank and William McGurn join to debate the fundamental questions—equality and efficiency, productivity and social justice, individual achievement and personal rights in the workplace, and the costs and benefits of corporate and entrepreneurial capitalism. Their arguments are grounded in both economic sophistication and religious commitment. Rebecca Blank is an economist by training and describes herself as "culturally Protestant in the habits of mind and heart." She has also chaired the committee that wrote the statement on Christian faith and economic life adopted by the United Church of Christ. Addressing market failure, for her, requires that sometimes "freedom to choose" give way to other human values. William McGurn, a journalist and a Roman Catholic, uses his expertise in economics to reflect on the teachings of the church concerning the morality of the market. For McGurn, humans reach their fullest potential when they are free from the constraints of others. He writes that "our quarrel is not so much with Adam Smith or Milton Friedman but with the Providence that so clearly designed man to be his most prosperous at his most free." This book grapples with the new imperatives of a global economy while working in the classic tradition of political economy which always treated seriously the questions of morality, justice, productivity, and freedom.

Is the Market Moral?: A Dialogue on Religion, Economics and Justice (Pew Forum Dialogue Series on Religion and Public Life)

McGurn, William

Business Culture

Brookings Institution Press

Do Justice: Linking Christian Faith and Modern Economic Life

Religion & Spirituality

Christian Books & Bibles

United Church Pr

The nature of work in the United States is changing dramatically, as new technologies, a global economy, and more demanding investors combine to create a far more competitive marketplace. Corporate efforts to respond to these new challenges have yielded mixed results. Headlines about instant millionaires and innovative e-businesses mingle with coverage of increasing job insecurity and record wage gaps between upper management and hourly workers. A Working Nation tracks the profound implications the changing workplace has had for all workers and shows who the real economic winners and losers have been in the past twenty-five years. A Working Nation sorts fact from fiction about the new relationship between workers and firms, and addresses several critical issues: Who are the real winners and losers in this new economy? Has the relationship between workers and firms really been transformed? How have employees become more integrated into or disconnected from corporate strategies and performance? Should government step into this new economic reality and how should it intervene? Among the topics investigated, David T. Ellwood explores and explains the apparent paradox between the steady rise in per capita national income and the stagnant wages of middle- and working-class workers. Douglas Kruse and Joseph Blasi study relative changes in long-term vs. temporary work, and evaluate the introduction of profit-sharing schemes and high performance workplace programs. William A. Niskanen and Rebecca M. Blank, both former members of the president's Council of Economic Advisers, offer their perspectives on what direction government might take to make this a working nation for everyone. Though Niskanen and Blank take alternative approaches, they both conclude that the primary policy emphasis ought to be on the problems of the least skilled more than on inequality per se, and that a focus on childhood education and tax supports for low-income working families should be of primary concern. A Working Nation paints a compelling and surprisingly consistent picture of today's workplace. While the booming economy has created millions of new jobs, it has also lead to an alarmingly unbalanced system of rewards that puts less-skilled, and many middle-class, workers at risk. This book is essential reading for those seeking the most efficient answers to the challenges and opportunities of the evolving economy.

A Working Nation: Workers, Work, and Government in the New Economy

Niskanen, William A.

Ellwood, David T.

Blasi, Joseph

Kruse, Douglas

Lynn-Dyson, Karen

Russell Sage Foundation

Is there a trade-off between unemployment and inequality?: No easy answers : labor market problems in the United States versus Europe (Public policy brief)

Jerome Levy Economics Institute of Bard College

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Books by Blank, Rebecca M.