Over the past three decades, average household wealth in the United States has declined among all but the richest families, with a near 80 percent drop among the nation's poorest families. Although the national debate about inequality has focused on income, it is wealth--the private assets amassed and passed on within families--that provides the extra economic cushion needed to move beyond mere day-to-day survival. Assets for the Poor is the first full-scale investigation into the importance of family wealth and the need ...
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Over the past three decades, average household wealth in the United States has declined among all but the richest families, with a near 80 percent drop among the nation's poorest families. Although the national debate about inequality has focused on income, it is wealth--the private assets amassed and passed on within families--that provides the extra economic cushion needed to move beyond mere day-to-day survival. Assets for the Poor is the first full-scale investigation into the importance of family wealth and the need for policies to encourage asset-building among the poor. Assets for the Poor shows how institutional mechanisms designed to encourage acquisition of capital and property favor middle-class and high-income families. For example, the aggregate value of home mortgage tax deductions far outweighs the dollar amount of the subsidies provided by Section 8 rental vouchers and public housing. Banking definitions of creditworthiness largely exclude minorities, and welfare rules have made it nearly impossible for single mothers to accumulate savings, let alone stocks or real estate. Due to persistent residential segregation, even those minority families who do own homes are often denied equal access to better schools and public services. The research in this volume shows that the poor do make use of the assets they have. Cash gifts--although small in size--are frequent within families and often lead to such positive results as homebuying and debt reduction, while tangible assets such as tools and cars help increase employment prospects. Assets for the Poor examines policies such as Individual Development Account tax subsidies to reward financial savings among the poor, and more liberal credit rules to make borrowing easier and less costly. The contributors also offer thoughtful advice for bringing the poor into mainstream savings institutions and warn against developing asset building policies at the expense of existing safety net programs. Asset-building for low-income families is a powerful idea that offers hope to families searching for a way out of poverty. Assets for the Poor challenges current thinking regarding poverty reduction policies and proposes a major shift in the way we think about families and how they make a better life. A Volume in the Ford Foundation Series on Asset Building
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Add this copy of Assets for the Poor: the Benefits of Spreading Asset to cart. $5.01, good condition, Sold by ThriftBooks-Reno rated 4.0 out of 5 stars, ships from Reno, NV, UNITED STATES, published 2001 by Russell Sage Foundation.
Add this copy of Assets for the Poor: the Benefits of Spreading Asset to cart. $5.03, very good condition, Sold by Ezekial Books, LLC rated 5.0 out of 5 stars, ships from Manchester, NH, UNITED STATES, published 2001 by Russell Sage Foundation.
Add this copy of Assets for the Poor: the Benefits of Spreading Asset to cart. $25.00, like new condition, Sold by House of Our Own rated 5.0 out of 5 stars, ships from Philadelphia, PA, UNITED STATES, published 2001 by Russell Sage Foundation.
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Fine in Fine jacket. 7" X 9 1/2" Near Fine; this is the first full-scale investigation of the importance of family wealth and the need for policies to encourage asset building among the poor; it shows how institutional mechanisms designed to encourage acquisition of capital and property favor middle-class and high-income families; it examines policies to reward financial savings among the poor and more liberal credit rules in order to promote asset building (red cloth with gold lettering; red dust jacket with white lettering; a bright, clean, tight copy)
Add this copy of Assets for the Poor: the Benefits of Spreading Asset to cart. $72.28, new condition, Sold by Revaluation Books rated 4.0 out of 5 stars, ships from Exeter, DEVON, UNITED KINGDOM, published 2005 by Russell Sage Foundation.
Add this copy of Assets for the Poor: the Benefits of Spreading Asset to cart. $102.65, good condition, Sold by Midtown Scholar Bookstore rated 5.0 out of 5 stars, ships from Harrisburg, PA, UNITED STATES, published 2005 by Russell Sage Foundation.
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Good-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD PAPERBACK Standard-sized.
