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Consumption and social welfare : = living standards and their distribution in the United States /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Consumption and social welfare :/ Daniel T. Slesnick.
Reminder of title:	living standards and their distribution in the United States /
remainder title:	Consumption & Social Welfare
Author:	Slesnick, Daniel T.,
Description:	1 online resource (vi, 236 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:	Income distribution - United States. -
Subject:	United States - Defenses -
Online resource:	https://doi.org/10.1017/CBO9780511572234
ISBN:	9780511572234 (ebook)

Consumption and social welfare : = living standards and their distribution in the United States /
Slesnick, Daniel T.,

Consumption and social welfare :living standards and their distribution in the United States /Consumption & Social WelfareDaniel T. Slesnick. - 1 online resource (vi, 236 pages) :digital, PDF file(s).

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Introduction -- Measuring economic welfare -- An initial look at the data -- The cost of living -- The standard of living -- Inequality -- Poverty in America -- Conclusion.

The most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges gives cause for concern: median family income has hardly changed over the last twenty-five years while inequality has increased and poverty remains persistently high. Yet consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare. Closely linked to economic theory, Professor Slesnick's examination of standards of living, inequality, and poverty reveal that the standard of US living has grown significantly while inequality and poverty have decreased to relatively low levels. His assessment is drawn from extended period data in order to chart long-run trends. The work will be of interest to economists, sociologists, economic historians, political scientists, and other readers in the social and policy sciences. Designed to be accessible to non-economists, technical details are relegated to appendices.

ISBN: 9780511572234 (ebook)Subjects--Topical Terms:

576150
Income distribution
--United States.Subjects--Geographical Terms:

528513
United States
--Defenses

LC Class. No.: HC110.I5 / S616 2001

Dewey Class. No.: 339.4/7/097309049

Consumption and social welfare : = living standards and their distribution in the United States /
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500 $a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 $a Introduction -- Measuring economic welfare -- An initial look at the data -- The cost of living -- The standard of living -- Inequality -- Poverty in America -- Conclusion.
520 $a The most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges gives cause for concern: median family income has hardly changed over the last twenty-five years while inequality has increased and poverty remains persistently high. Yet consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare. Closely linked to economic theory, Professor Slesnick's examination of standards of living, inequality, and poverty reveal that the standard of US living has grown significantly while inequality and poverty have decreased to relatively low levels. His assessment is drawn from extended period data in order to chart long-run trends. The work will be of interest to economists, sociologists, economic historians, political scientists, and other readers in the social and policy sciences. Designed to be accessible to non-economists, technical details are relegated to appendices.
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