Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets (Paperback)
  • Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets (Paperback)
zoom

Bubbles, Booms, and Busts: The Rise and Fall of Financial Assets (Paperback)

(author)
£32.99
Paperback 351 Pages / Published: 15/11/2014
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket

This book deals at some length with the question: Since there are many more poor than rich, why don't the poor just tax the rich heavily and reduce the inequality? In the 19th century and the first half of the 20th century, the topic of inequality was discussed widely. Ending or reducing inequality was a prime motivating factor in the emergence of communism and socialism. The book discusses why later in the 20th century, inequality has faded out as an issue. Extensive tables and graphs of data are presented showing the extent of inequality in America, as well as globally. It is shown that a combination of low taxes on capital gains contributed to a series of real estate and stock bubbles that provided great wealth to the top tiers, while real income for average workers stagnated. Improved commercial efficiency due to computers, electronics, the Internet and fast transport allowed production and distribution with fewer workers, just as the advent of electrification, mechanization, production lines, vehicles and trains in the 1920s and 1930s produced the same stagnating effect.

Publisher: Springer-Verlag New York Inc.
ISBN: 9781493910915
Number of pages: 351
Weight: 5737 g
Dimensions: 235 x 155 x 20 mm
Edition: 2nd ed. 2015

You may also be interested in...

Investing for Dummies - UK
Added to basket
Archives of the Valuation Office
Added to basket
Currency Trading For Dummies
Added to basket
Business Adventures
Added to basket
£10.99
Paperback
Investment Banking For Dummies
Added to basket
Moneyball
Added to basket
£11.99
Paperback
Fooled by Randomness
Added to basket
One Up On Wall Street
Added to basket
Investing in Shares For Dummies
Added to basket
Rich Dad's Guide to Investing
Added to basket
£14.99   £10.49
Paperback
The Money Machine
Added to basket
£10.99
Paperback
Shares Made Simple
Added to basket
£13.99
Paperback
The Poor Had No Lawyers
Added to basket
The Ascent of Money
Added to basket
Catching the Wolf of Wall Street
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.