Title Hollowed out : why the economy doesn't work without a strong middle class / David Madland.

Publication Info.	Oakland, California : University of California Press, [2015]
	©2015

Copies

Location	Call No.	Status
Rocky Hill - Downloadable Materials	EBSCO Ebook	Downloadable
Rocky Hill cardholders click here to access this title from EBSCO

Description	1 online resource
	data file rda
Bibliography	Includes bibliographical references and index.
Contents	Middle out vs. trickle down -- Trust -- Good governance -- Stable consumer demand -- Human capital -- Putting everyone economics into practice.
Summary	"For the past several decades, politicians and economists have thought that high levels of inequality were good for the economy. But an economy that works only for the rich simply doesn't work. Because the middle class is so weak, America's economy now suffers from the kinds of problems that plague less-developed countries. Privileged elites more frequently secure special treatment from a government that wastes money and stifles competition. Children's opportunities are excessively determined by the wealth of their parents. Societal distrust has increased, making business transactions needlessly difficult. Consumer demand has weakened and become unstable, which has helped fuel the Great Recession and has made the recovery painfully slow. As Hollowed Out explains, to have strong and sustainable growth, the economy needs to work for everyone and grow from the middle out. This new middle-out theory aims to supplant trickle-down economics--the theory that was so wrong about inequality and our economy and did so much damage to our nation. This new thinking has the potential to shape economic policymaking for generations."--Provided by publisher.
Note	Print version record.
Subject	Middle class -- United States -- Economic conditions -- 21st century.
	Middle class -- United States -- Economic policy -- 21st century.
	Consumption (Economics) -- United States -- 21st century.
	United States -- Economic policy -- 21st century.
	United States -- Economic conditions -- 21st century.
	SOCIAL SCIENCE -- Discrimination & Race Relations.
	SOCIAL SCIENCE -- Minority Studies.
	POLITICAL SCIENCE -- Political Economy.
	Consumption (Economics) (OCoLC)fst00876455
	Economic history. (OCoLC)fst00901974
	Economic policy. (OCoLC)fst00902025
	Middle class -- Economic conditions. (OCoLC)fst01020444
	United States. (OCoLC)fst01204155
Chronological Term	2000-2099
Added Title	Why the economy doesn't work without a strong middle class
Other Form:	Print version: Madland, David. Hollowed out 9780520281646 (DLC) 2014040833 (OCoLC)894745464
ISBN	9780520961708 (electronic bk.)
	0520961706 (electronic bk.)

-->

Permanent Link

Add a Review

Title Hollowed out : why the economy doesn't work without a strong middle class / David Madland.

Copies

Library Links

Search Tools

Language Settings