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Inhaber&carroll - How Rich Is Too Rich - Income And Wealth In America (1992)
06-25-2007, 01:36 PM
Post: #1
Inhaber&carroll - How Rich Is Too Rich - Income And Wealth In America (1992)
This is Herbert Inhaber's and Sidney Carroll's amazing book How Rich is Too Rich? - Income and Wealth in America (1992) where a physicist and an economist, writing for a broad audience and using real - not theoretical - data, answer the age-old question: How rich is too rich? The authors first describe the existence of an extremely unequal distribution of income and wealth, with enormous resources held by a small percentage of Americans at the top. In the process, they suggest some practical solutions to the problem of excessive wealth. They outline a way to deal with the "too" rich that will also create a healthier economy. Merging a hundred years of economic theory and research on wealth and income distribution with anecdotal evidence, Herbert Inhaber and Sidney Carroll create a framework with which to evaluate proposals to redistribute great wealth and income. The authors set forth an "Alternative Distribution System," or ADS, based on the fact that much of the income of the well-off, that upper 3 percent of the United States population with incomes exceeding $110,000 per year, is due to wealth. The ADS, an inheritance plan, would bring the distribution of the lower 97 percent and the upper 3 percent closer together. It would allow a partial correction of the disparity while adding to the total fairness of our society. Other chapters detail the law of income distribution, explain the difference between wealth and income, and explain previous theories of income and wealth distributions. In addition to defining and describing the rich, the authors devote a chapter to how the rich avoid income tax. The volume concludes with an examination of the ADS and how income would be altered by it. How Rich Is Too Rich? will enable the informed general reader to assess policies on wealth and income distribution that have been the subject of Congressional budget debates and best-selling books. 245 pages. A must read for everyone.

ed2k://|file|Inhaber.&.Carroll.-.How.Rich.is.Too.Rich.-.Income.and.Wealth.in.America.(1992).pdf|2379527|0FCBE5F6BEDEABC1DD43A9D43F20F0A​
E|/

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Please share this book with others, add links on other forums as I don't know many of them.
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