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Hollowed Out: Why the Economy Doesn't Work Without a Strong Middle Class

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Hollowed Out: Why the Economy Doesn't Work Without a Strong Middle Class - Madland, David
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"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. ...

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Hollowed Out: Why the Economy Doesn't Work Without a Strong Middle Class 2015, University of California Press, Berkerley

ISBN-13: 9780520286528

Trade paperback

Hollowed Out: Why the Economy Doesn't Work Without a Strong Middle Class 2015, University of California Press, Berkerley

ISBN-13: 9780520281646

Hardcover