News reports of mushrooming fortunes, most recently among CEOs and hedge fund managers, alongside the reports of a struggling middle class and an intractable poverty class have been common topics for the nation’s media. In Rethinking the Income Gap, author Paul Ryscavage calls for a reexamination of these facts and what they mean. Contrary to media reports, Ryscavage reveals how income inequality can no longer be seen as a measure of economic fairness. Instead, the income gap is linked to a variety of economic problems confronting the nation. Ryscavage asserts that more governmental intervention in the free market would be bad. He also writes that, notwithstanding the economic downturn of 2008, the “real” news that the media have not reported is the expansion in recent decades of our nation’s middle class, especially the upper middle class.
". . .Paul Ryscavage has seen clearly a chronic misunderstanding and dealt with it with a fairness that approaches wisdom. You may disagree with the policy perspectives in this book but read him anyway for his sound data-sense and his avoidance of polarizing overstatement, so common elsewhere on the income gap issue."—Fritz Scheuren, former President, American Statistical Association
To order a copy of Rethinking the Income Gap contact Transaction Publishers at 888-999-6778 or order online at www.transactionpub.com.
