the vanishing middle class prejudice and power in a dual economy mit press

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The Vanishing Middle Class

Author : Peter Temin
ISBN : 9780262036160
Genre : Business & Economics
File Size : 84. 30 MB
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Why the United States has developed an economy divided between rich and poor and how racism helped bring this about.

Foundations Of Real World Economics

Author : John Komlos
ISBN : 9781351584708
Genre : Business & Economics
File Size : 31. 28 MB
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The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real-world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a Capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.

The Death And Life Of The American Middle Class

Author : Abraham Unger
ISBN : 9783030024444
Genre :
File Size : 59. 14 MB
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Doing Capitalism In The Innovation Economy

Author : William H. Janeway
ISBN : 9781108471275
Genre : Business & Economics
File Size : 64. 16 MB
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Revised edition of the author's Doing capitalism in the innovation economy, c2012.

Downhill From Here

Author : Katherine S. Newman
ISBN : 9781250119476
Genre : Social Science
File Size : 52. 42 MB
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A sharp examination of the looming financial catastrophe of retirement in America. As millions of Baby Boomers reach their golden years, the state of retirement in America is little short of a disaster. Nearly half the households with people aged 55 and older have no retirement savings at all. The real estate crash wiped out much of the home equity that millions were counting on to support their retirement. And the typical Social Security check covers less than 40% of pre-retirement wages—a number projected to drop to under 28% within two decades. Old-age poverty, a problem we thought was solved by the New Deal, is poised for a resurgence. With dramatic statistics and vivid portraits, acclaimed sociologist Katherine S. Newman shows that the American retirement crisis touches us all, cutting across class lines and generational divides. White-collar managers have seen retirement benefits vanish; Teamsters have had their pensions cut in half; bankrupt cities like Detroit have walked away from their commitments to municipal workers. And for Generation X, the prospects are even worse: a fifth of them expect to never be able to retire. Only the vaunted “one percent” can face retirement without fear. Other countries are confronting similar demographic challenges, yet they have not abandoned their social contract with seniors. Downhill From Here makes it clear that America, too, can—and must—do better.

The Illustrated London News

Author :
ISBN : ONB:+Z255612507
Genre :
File Size : 56. 97 MB
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New Statesman

Author :
ISBN : UOM:39015073050919
Genre : Social sciences
File Size : 21. 96 MB
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