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 policy making for generations.
- ISBN10 0520961706
- ISBN13 9780520961708
- Publish Date 24 June 2015
- Publish Status Active
- Out of Print 22 July 2015
- Publish Country US
- Imprint University of California Press
- Format eBook
- Pages 272
- Language English