For the past three decades, America has steadily become a nation of haves and have-nots. Our incomes are increasingly drastically unequal: the top 1% of Americans collect almost 20% of the nation's income-more than double their share in 1973. We have less equality of income than Venezuela, Kenya, or Yemen.What economics Nobelist Paul Krugman terms "the Great Divergence" has until now been treated as little more than a talking point, a club to be ...
By Timothy Noah
Paperback: 288 pages
Publisher: Bloomsbury Press; Reprint edition (January 29, 2013)
Product Dimensions: 5.9 x 0.8 x 7.9 inches
Amazon Rank: 627779
Format: PDF ePub TXT ebook
This is an excellent book explaining clearly why the United States will be a second rate power, perhaps like Russia, with our only strength that of the military which will be used to block and coerce other nations. We are no longer for our own people