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The vanishing middle class prejudice and power in a dual economy

By: Material type: TextTextPublication details: Massachusetts Cambridge 2017Description: xvii, 234p. ; 23 cmISBN:
  • 9780262535298
Subject(s): DDC classification:
  • 339.2TEM
Summary: The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor.
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Item type Current library Call number Status Barcode
Book Book UONGOZI Institute Resources Centre - Dodoma Sustainable Development 339.2TEM (Browse shelf(Opens below)) Available UR006963

Includes bibliographical references (pages 167-208) and index.

The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor.

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