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English
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Description
The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you're not at the top, you're at the bottom. The global labor market is changing radically thanks to growth at the high end-- and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we...
Author
Language
English
Formats
Description
Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs.
The problem, according to legendary blogger, economist and best selling author Tyler Cowen, is that Americans today have broken from this tradition-we're working harder than ever to avoid change. We're moving...
Author
Pub. Date
2011
Language
English
Description
"...the eSpecial heard round the world that ignited a firestorm of debate and redefined the nature of our economic malaise is now--at last--a book. America has been through the biggest financial crisis since the Great Depression, unemployment numbers are frightening, median wages have been flat since the 1970s, and it is common to expect that things will get worse before they get better. Certainly, the multidecade stagnation is not yet over. How...
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