"This book is about the convergence of trends in two American institutions - the economy and the criminal justice system. The American economy has radically transformed in the past half-century, led by advances in automation technology that have permanently altered labor market dynamics. Over...

"Everything you know about income inequality, poverty and other measures of economic well-being in America is wrong. In measuring income inequality, poverty and other indexes of well-being our government does not count two-thirds of all transfer payments that are received or any of the taxes...