Items related to Income Inequality: Why It Matters and Why Most Economists...
Synopsis
The first book-length treatment to conclusively demonstrate the link between income inequality and the 2008 financial crisis and Great Recession
Prevailing economic theory attributes the 2008 crash and the Great Recession that followed to low interest rates, relaxed borrowing standards, and the housing price bubble. After careful analyses of statistical evidence, however, Matthew Drennan discovered that income inequality was the decisive factor behind the crisis. Pressured to keep up consumption in the face of flat or declining incomes, Americans leveraged their home equity to take on excessive debt. The collapse of the housing market left this debt unsupported, causing a domino effect throughout the economy. Drennan also found startling similarities in consumer behavior in the years leading to both the Great Depression and the Great Recession. Offering an economic explanation of a phenomenon described by prominent observers including Thomas Piketty, Jacob Hacker, Robert Kuttner, Paul Krugman, and Joseph Stiglitz, Drennan’s evenhanded analysis disproves dominant theories of consumption and draws much-needed attention to the persisting problem of income inequality.
"synopsis" may belong to another edition of this title.
About the Author
Matthew P. Drennan is a visiting professor of urban planning at UCLA and an emeritus professor in the Department of City and Regional Planning at Cornell University. He lives in Los Angeles, CA.
Review
“Matthew Drennan has written a timely, succinct, and highly readable work on the dynamics of inequality--and why most economists miss what's driving it. An essential book for understanding the great challenge of our age.”—Robert Kuttner, co-editor, The American Prospect (Robert Kuttner)
"About this title" may belong to another edition of this title.
- PublisherYale University Press
- Publication date2015
- ISBN 10 0300209584
- ISBN 13 9780300209587
- BindingHardcover
- Number of pages168
- Rating
Buy New
Learn more about this copy
US$ 17.98
Shipping:
US$ 4.99
Within U.S.A.
Top Search Results from the AbeBooks Marketplace
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didn't Notice
Seller: ThriftBooks-Dallas, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 0.75. Seller Inventory # G0300209584I3N00
Quantity: 1 available
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didnāt Notice
Seller: HPB-Red, Dallas, TX, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority!. Seller Inventory # S_341729033
Quantity: 1 available
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didnāt Notice
Seller: Midtown Scholar Bookstore, Harrisburg, PA, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Very Good. Very Good - Crisp, clean, unread book with some shelfwear/edgewear, may have a remainder mark - NICE Standard-sized. Seller Inventory # M0300209584Z2
Quantity: 17 available
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didnāt Notice
Seller: Midtown Scholar Bookstore, Harrisburg, PA, U.S.A.
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. Good - Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name - GOOD Standard-sized. Seller Inventory # M0300209584Z3
Quantity: 3 available
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didnāt Notice
Published by
Yale University Press November 2015, 2015
ISBN 10: 0300209584
ISBN 13: 9780300209587
New
Hardcover
Seller: Inquiring Minds, Saugerties, NY, U.S.A.
Seller rating 4 out of 5 stars
Hardcover. Condition: New. Seller Inventory # 284283
Quantity: 1 available
Stock Image
Income Inequality: Why It Matters and Why Most Economists Didn't Notice
Seller: Irish Booksellers, Portland, ME, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. SHIPS FROM USA. Used books have different signs of use and do not include supplemental materials such as CDs, Dvds, Access Codes, charts or any other extra material. All used books might have various degrees of writing, highliting and wear and tear and possibly be an ex-library with the usual stickers and stamps. Dust Jackets are not guaranteed and when still present, they will have various degrees of tear and damage. All images are Stock Photos, not of the actual item. book. Seller Inventory # 0300209584-R
Quantity: 1 available
Seller Image
Income Inequality : Why It Matters and Why Most Economists Didn't Notice
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: New. Seller Inventory # 23677516-n
Quantity: 5 available
Stock Image
Income Inequality: Why it Matters and Why Most Economists Didn't Notice
Print on DemandSeller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
HRD. Condition: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L1-9780300209587
Quantity: Over 20 available
Seller Image
Income Inequality : Why It Matters and Why Most Economists Didn't Notice
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Seller rating 5 out of 5 stars
Condition: As New. Unread book in perfect condition. Seller Inventory # 23677516
Quantity: 5 available
Stock Image
Income Inequality: Why it Matters and Why Most Economists Didn't Notice
Print on DemandSeller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
HRD. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Seller Inventory # L1-9780300209587
Quantity: Over 20 available