The Resource Hollowed out : why the economy doesn't work without a strong middle class, David Madland

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

Label
Hollowed out : why the economy doesn't work without a strong middle class
Title
Hollowed out
Title remainder
why the economy doesn't work without a strong middle class
Statement of responsibility
David Madland
Title variation
Why the economy doesn't work without a strong middle class
Creator
Author
Subject
Language
eng
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
Cataloging source
CU-S/DLC
http://library.link/vocab/creatorName
Madland, David
Dewey number
305.5/50973
Illustrations
illustrations
Index
index present
LC call number
HT690.U6
LC item number
M33 2015
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Middle class
  • Middle class
  • Consumption (Economics)
  • United States
  • United States
Label
Hollowed out : why the economy doesn't work without a strong middle class, David Madland
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Middle out vs. trickle down -- Trust -- Good governance -- Stable consumer demand -- Human capital -- Creating a middle-class society
Dimensions
21 cm
Extent
ix, 257 pages
Isbn
9780520286528
Isbn Type
(pbk.)
Lccn
2014040833
Media category
unmediated
Media MARC source
rdamedia
Other control number
40025023752
Other physical details
illustrations
System control number
  • (OCoLC)894745464
  • 565704
  • (OCoLC)ocn894745464
  • 565704
Label
Hollowed out : why the economy doesn't work without a strong middle class, David Madland
Publication
Copyright
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Middle out vs. trickle down -- Trust -- Good governance -- Stable consumer demand -- Human capital -- Creating a middle-class society
Dimensions
21 cm
Extent
ix, 257 pages
Isbn
9780520286528
Isbn Type
(pbk.)
Lccn
2014040833
Media category
unmediated
Media MARC source
rdamedia
Other control number
40025023752
Other physical details
illustrations
System control number
  • (OCoLC)894745464
  • 565704
  • (OCoLC)ocn894745464
  • 565704

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