Getting rich : America's new rich and how they got that way
Author(s)
Bibliographic Information
Getting rich : America's new rich and how they got that way
Cambridge University Press, 2005
- : pbk
- : hbk
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Note
Includes bibliographical references (p. 289-306) and index
Description and Table of Contents
Description
This book is about wealth mobility, how some people get rich while others stay poor. The advantages of owning wealth and the nature of true wealth have long made questions about the wealthy appealing. In recent years, that interest has been amplified by economic changes and rising wealth inequality. Today, although the basic facts about wealth inequality are no longer a mystery, we still know little about who the wealthy are, how they got there, and what prevents other people from becoming rich. We know very little about the process of wealth mobility. This book explores wealth by investigating some of the most basic questions about wealth mobility. How much mobility is there? Has the nature of mobility changed over time? Is entrepreneurship important? How much does inheritance matter? What other factors encourage or prevent wealth mobility, and how do these change over the course of a person's life?
Table of Contents
- Part I: 1. I'd rather be rich
- 2. Trends in wealth mobility
- 3. The new rich
- 4. Getting rich
- Part II: 5. Family background: parents, structure, and siblings
- 6. Family background: culture and religion
- 7. Individuals: foundations and occupations
- 8. Individuals: adult family
- 9. Conclusion.
by "Nielsen BookData"