Hollowed Out

Why the Economy Doesn't Work without a Strong Middle Class

David Madland (Autor)

Buch | Softcover

272 Seiten

2015
University of California Press (Verlag)
978-0-520-28652-8 (ISBN)

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For the past several decades, politicians and economists thought that high levels of inequality were good for the economy. This book explains that to have strong, sustainable growth, the economy needs to work for everyone and expand from the middle out.

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 Hollowed Out 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 policy making for generations.

David Madland, Ph.D., is Managing Director for Economic Policy at the Center for American Progress.

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

Erscheint lt. Verlag	17.7.2015
Verlagsort	Berkerley
Sprache	englisch
Maße	140 x 210 mm
Gewicht	318 g
Themenwelt	Wirtschaft ► Allgemeines / Lexika
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	0-520-28652-9 / 0520286529
ISBN-13	978-0-520-28652-8 / 9780520286528
Zustand	Neuware