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Foreword by Nicholas Lemann "A brilliant book that both clarifies and explains the seemingly contradictory trends of a booming economy, wage stagnation, and growing income inequality." —Thomas B. Edsall, author, The New Politics of Inequalityand political reporter atThe Washington Post More than a decade ago, Frank Levy's classic Dollars and Dreams offered an incisive analysis of the dramatic changes then taking place in the American standard of living. As wage stagnation and rising income inequality in the 1970s and early 80s began to undermine Americans' traditional economic optimism, Levy's book provided the first diagnosis of what he called the quiet depression. Since then, the U.S. economy has made a dramatic comeback, but economic insecurity remains widespread. New technologies, increased immigration, and global competition have opened up a new economic playing field, one with new rules and new winners and losers. The New Dollars and Dreams explores this puzzling economic landscape, in which low unemployment goes hand in hand with sluggish wage growth and high income inequality. This completely revised and expanded version of Levy's original book offers an invaluable guide to the sweeping economic, social, and political changes that have remade life in the United States over the past twenty-five years. Levy tells a fascinating and insightful story about what happened to American incomes and jobs. His plot resists the simple truths of everyday journalism, and explains the economic and political twists and turns that have shaped the current American economy—including the oil and food price inflations of the 1970s, the market deregulations and corporate downsizings of the 1980s, the emergence of women as sole breadwinners in many families, the migration of jobs to the suburbs, and the computerization of work. The New Dollars and Dreams illuminates the key sources of inequality, with chapters that examine the disparate employment progress of whites, minorities, men, and women, and it carefully investigates the claim that the concentration of very high incomes is the result of a winner-take-all economy. Although the growth of the service economy is often blamed for inequality, Levy locates a more fundamental cause in the rising educational and skill demands brought about by restructuring of work in all sectors of the economy. An important part of the story also involves the transformation of the American family from extended and two-parent households to those headed by single mothers and lone individuals. By making sense of these complex trends, The New Dollars and Dreams offers crucial insights into why, despite a thriving economy, many Americans no longer feel secure in their financial futures. A Volume in the Russell Sage Foundation Census Series
Rev. pbk. ed. with new pref. Includes indexes. Bibliography: p. 231-239.
"Eight Dollars and a Dream tells of a remarkable personal and professional journey by one of America's premier CEOs and corporate directors. Raj Gupta, working with Syd Havely, offers a candid and captivating story, told with passion and special appreciation for how family, mentors and other leaders transformed him and how he in turn changed his world, a compelling account for all who are navigating a corner office, a boardroom, or their life course. " - Michael Useem, Professor and Director of the Leadership Center, Wharton School, University of Pennsylvania "Raj's story is the American dream writ large with a focus on what is really important in life. I have had the privilege of working with Raj for many years and have seen his qualities as a business leader firsthand. But I have benefitted even more by watching his example of how to lead one's life with dignity, integrity, and grace. This is a book that needs to be read!" - Bill McNabb, Chairman and CEO, The Vanguard Group, Inc.
The riveting story of Muhammad Yunus's life-long struggle to end global poverty. When Muhammad Yunus lent $27 dollars to 42 women in rural Bangladesh, he sparked what became the microcredit movement that has empowered millions of poor women in nearly 100 countries.
This first comprehensive history of America's lottery obsession explores the spread of state lotteries and how players and policymakers alike got hooked on wishful dreams of an elusive jackpot. Every week, one in eight Americans place a bet on the dream of a life-changing lottery jackpot. Americans spend more on lottery tickets annually than on video streaming services, concert tickets, books, and movie tickets combined. The story of lotteries in the United States may seem straightforward: tickets are bought predominately by poor people driven by the wishful belief that they will overcome infinitesimal odds and secure lives of luxury. The reality is more complicated. For a Dollar and a Dream shows how, in an era of surging inequality and stagnant upward mobility, millions of Americans turned to the lottery as their only chance at achieving the American Dream. Gamblers were not the only ones who bet on betting. As voters revolted against higher taxes in the late twentieth century, states saw legalized gambling as a panacea, a way of generating a new source of revenue without cutting public services or raising taxes. Even as evidence emerged that lotteries only provided a small percentage of state revenue, and even as data mounted about their appeal to the poor, states kept passing them and kept adding new games, desperate for their longshot gamble to pay off. Alongside stories of lottery winners and losers, Jonathan Cohen shows how gamblers have used prayer to help them win a jackpot, how states tried to pay for schools with scratch-off tickets, and how lottery advertising has targeted lower income and nonwhite communities. For a Dollar and a Dream charts the untold history of the nation's lottery system, revealing how players and policymakers alike got hooked on hopes for a gambling windfall.
Women need to pay close attention to their finances. Why? Because women typically have lower lifetime earnings, have a longer life expectancy, and have learned bad habits and carry emotional drama when it comes to managing their money. No matter where you are in your financial life, what stage of life you happen to be in, there are tools that can help you make informed decisions about solutions and strategies appropriate for your financial goals and objectives.
Which of us hasn't daydreamed about what we'd do if we won the lottery? A Dollar And A Dream brings those fantasies to hilarious, heartbreaking life in three stories by #1 national bestselling author Carl Weber and La Jill Hunt, Essence bestselling author Angel Hunter, and Cushcity.com bestselling author Dwayne S. Joseph. In "Easy Street," Carl Weber and La Jill Hunt deliver a drama-filled world of money, greed, and lies. When Paul, a wannabe player, is sent out by his neighbors to buy lottery tickets, his world is turned upside-down--and so are the lives of unsuspecting friends who may not only lose the winning tickets, but also their homes. . . "Ghetto Fabulous" is the story of a single mother with three kids from three different daddies. Money is what she needs, yet when she wins big, she's left wondering what to do. Friends and family she never knew she had are suddenly coming out of the woodwork. But where were they when she needed help? With one person designated to purchase tickets for the $180 million jackpot, six co-workers lives will be changed forever as each of them learns just how strong the pull of money can be. "One Night, Six Dreams" is a wild, shocking tale of just how far a person might go to have it all. . .. Join these unforgettable characters as they learn exactly what money can and can't buy in three fabulous, fast-paced stories of getting rich--and staying real. Includes A Teaser Chapter From Carl Weber's Upcoming Novel Player Haters
Four Dollars and a Dream is the amazing true story of Cino Chegia, an Italian man who saw his home torn apart in World War II, jumped ship in America at age 18, and went on to become a successful business owner, family man, and pillar of the community. A rags-to-riches tale that wends its way through the pivotal moments of the 20th century, Four Dollars and a Dream reminds us of the strength of the human spirit, the gift of laughter, and the infinite power of family.
The author, a computer science professor diagnosed with terminal cancer, explores his life, the lessons that he has learned, how he has worked to achieve his childhood dreams, and the effect of his diagnosis on him and his family.
In this book, the author shares how she discovered her reason to come to America. She shares stories of her childhood and of her family members, some killed during the Communist Rule in the '70s. The author's father, a prisoner did a daring escape and took his family to a refugee camp in order to survive the war that was devastating the country of Lao. The author courageously shares her experience, reading the newspaper clippings and stories written about her, her family, and her friends. In this book filled with the history of their journey into a new life, she shares the kindness of strangers and how without them, their lives may have ended. A definite must-read! Powerful,, riveting, and truly engaging.