Inclusion in the American Dream: Assets, Poverty, and Public Policy

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Michael Sherraden
Oxford University Press, Jul 21, 2005 - Business & Economics - 432 pages
Inclusion in the American Dream brings together leading scholars and policy experts on the topic of asset building, particularly as this relates to public policy. The typical American household accumulates most of its assets in home equity and retirement accounts, both of which are subsidized through the tax system. But the poor, for the most part, do not participate in these asset accumulation policies. The challenge is to expand the asset-based policy structure so that everyone is included.

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PART I Context
PART II Asset Holding and WellBeing
PART III Saving and Asset Accumulation among the Poor
PART IV Toward an Inclusive AssetBuilding Policy
PART V Assessment and Directions

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Page xiii - Administrator of the Food and Nutrition Service of the US Department of Agriculture to discuss additional changes in the food stamp program, which would improve its utility to older persons.
Page xvii - Administration she served as Assistant Secretary for Policy Development and Research at the US Department of Housing and Urban Development.
Page xv - Orszag (orszagp( is the Joseph A. Pechman Senior Fellow in Economic Studies at the Brookings Institution and a Senior Director at Sebago Associates.

About the author (2005)

Michael Sherraden in Benjamin E. Youngdahl Professor of Social Development and founding director of the Center for Social Development (CSD) at Washington University in St. Louis. Sherraden originated the phrase "asset-based policy," which suggests that social policy and programs should promote not merely income and consumption, but also savings and investment.

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