Combining Income and Wealth: An Analysis of Farm Family "Well-Being"

Thomas A. Carlin and Edward I. Reinsel

American Journal of Agricultural Economics, 1973, vol. 55, issue 1, 38-44

Abstract: Personal distribution of well-being of farm families relative to all U. S. families is substantially improved when wealth is considered along with money income. The "live poor and die rich" paradox facing older farm families could often be overcome by providing an easier means whereby they could use up equity in family living.

Date: 1973
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