ISBN:
9780520281646
Language:
English
Pages:
Online-Ressource (270 p)
Edition:
Online-Ausg.
Parallel Title:
Print version Hollowed Out : Why the Economy Doesn't Work without a Strong Middle Class
DDC:
305.5/50973
Keywords:
Consumption (Economics) - United States - 21st century
;
Electronic books
Abstract:
For the past several decades, politicians and economists thought that high levels of inequality were good for the economy. But because America's middle class is now so weak, the US economy suffers from the kinds of problems that plague less-developed countries. As 〈I〉Hollowed Out〈/I〉 explains, to have strong, sustainable growth, the economy needs to work for everyone and expand from the middle out. This new thinking has the potential to supplant trickle-down economics-the theory that was so wrong about inequality and our economy-and shape economic policymaking for generations
Description / Table of Contents:
Cover; Title; Copyright; Contents; List of Illustrations; 1. Middle Out vs. Trickle Down; 2. Trust; 3. Good Governance; 4. Stable Consumer Demand; 5. Human Capital; 6. Creating a Middle-Class Society; Acknowledgments; Notes; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; W; Y; Z
Note:
Description based upon print version of record
URL:
Volltext
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