Hollowed Out: Why the Economy Doesn't Work without a Strong Middle Class - medicalbooks.filipinodoctors.org

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

Brand: University of California Press
ISBN 9780520286528
MPN: illustrations
Category: Paperback (Economic Conditions)
List Price: $27.95
Price: $17.98  (Customer Reviews)
You Save: $9.97 (36%)
Dimension: 8.25 x 5.50 x 0.80 inches
Shipping Wt: 0.70 pounds. FREE Shipping (Details)
Availability: In Stock
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Product Description

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 policymaking for generations.

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