{"product_id":"2940170473069","title":"Unequal Gains: American Growth and Inequality Since 1700","description":"\u003cp\u003e\u003ci\u003eUnequal Gains\u003c\/i\u003e offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on incomeamp;mdash;and the result is a bold reassessment of the American economic experience. \u003c\/p\u003e\u003cp\u003eAmerica has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain-and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. \u003c\/p\u003e\u003cp\u003eIn addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great wavesamp;mdash;from 1774 to 1860 and from the 1970s to todayamp;mdash;rising more than in any other wealthy nation in the world. \u003ci\u003eUnequal Gains\u003c\/i\u003e also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. \u003c\/p\u003e\u003cp\u003eThe book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.\u003c\/p\u003e","brand":"Recorded Books, LLC","offers":[{"title":"Default Title","offer_id":47099964457200,"sku":"2940170473069","price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940170473069_p0.jpg?v=1763710362","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940170473069","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}