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Americas Prosperity Problem
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Book Synopsis Fate of the States by : Meredith Whitney
Download or read book Fate of the States written by Meredith Whitney and published by Penguin. This book was released on 2013-06-04 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Forget everything you think you know about the direction of the American economy, about our growing need for foreign oil, about the rise of the service economy and the decline of American manufacturing. The story of the next thirty years will not be a repeat of the last thirty." One of the most respected voices on Wall Street, Meredith Whitney shot to global prominence in 2007 when her warnings of a looming crisis in the financial sector proved all too prescient. Now, in her first book, she expands upon her biggest call since the financial crisis.
Book Synopsis America's Prosperity Problem by : Charles Harry Whitehouse
Download or read book America's Prosperity Problem written by Charles Harry Whitehouse and published by . This book was released on 1937 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Back to Shared Prosperity: The Growing Inequality of Wealth and Income in America by : Ray Marshall
Download or read book Back to Shared Prosperity: The Growing Inequality of Wealth and Income in America written by Ray Marshall and published by Routledge. This book was released on 2015-05-20 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent are major social and political problems caused by basic income and unemployment trends? Is it possible to restore the kind of broadly shared prosperity the U.S. once experienced before the early 1970s? Some of the top economists of our time address these critical questions.
Book Synopsis Seeds of Destruction by : Glenn Hubbard
Download or read book Seeds of Destruction written by Glenn Hubbard and published by FT Press. This book was released on 2010-08-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you think the current administration is mismanaging the economy straight towards disaster, you're not alone: so do two top economists from both sides of the political aisle. In Seeds of Destruction, former Bush chief White House economist R. Glenn Hubbard and well-known CNBC commentator Peter Navarro explain why current economic policy is a catastrophic failure. Then, they offer a comprehensive, bipartisan blueprint for reversing the decline of America's currency, manufacturing base, and standard of living - setting the stage for the epic policy debates that will precede the 2010 elections. Hubbard and Navarro begin with a "checklist" of what it takes to be a prosperous, democratic nation - and show why Obama's policies (some of Bush's also) fail on every level. They explain why the activist Federal Reserve and Obama fiscal stimulus policies are doing far more harm than good... why we must restore the U.S. manufacturing base, whatever China says about it... how to transform tax policy into an engine of growth and innovation... how to apply the "tough love" needed to save Social Security, Medicare, and Medicaid... why America must resign the job of world policeman... how market-based solutions can finally deliver real energy independence... how to reform our antique financial regulatory system without imposing heavy-handed rules that cause even more trouble.
Download or read book America 3.0 written by James C. Bennett and published by Encounter Books. This book was released on 2013-05-28 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: America’s greatest days are yet to come. We are in a painful transition period. Our government is crushingly expensive, failing at its basic functions, and unable to keep its promises. It does not work and it cannot continue as it is. But the inevitable end of big government does not mean the end of America. It only means the end of one phase of American life. America is poised to enter a new era of freedom and prosperity. The cultural roots of the American people go back at least fifteen centuries, and make us individualistic, enterprising, and liberty-loving. The Founding generation of the United States lived in a world of family farms and small businesses, America 1.0. This world faded away and was replaced by an industrialized world of big cities, big business, big labor unions and big government, America 2.0. Now America 2.0 is outdated and crumbling, while America 3.0 is struggling to be born. This new world will bring immense productivity, rapid technological progress, greater scope for individual and family-scale autonomy, and a leaner and strictly limited government. America has made one major transition already, and industrial America became an economic colossus. We are now making a new transition, which will surprise many Americans, and astonish the world.
Book Synopsis Dream Hoarders by : Richard V. Reeves
Download or read book Dream Hoarders written by Richard V. Reeves and published by Brookings Institution Press. This book was released on 2018-05-08 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dream Hoarders sparked a national conversation on the dangerous separation between the upper middle class and everyone else. Now in paperback and newly updated for the age of Trump, Brookings Institution senior fellow Richard Reeves is continuing to challenge the class system in America. In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percent—we are the good guys. Not so, argues Reeves. The real class divide is not between the upper class and the upper middle class: it is between the upper middle class and everyone else. The separation of the upper middle class from everyone else is both economic and social, and the practice of “opportunity hoarding”—gaining exclusive access to scarce resources—is especially prevalent among parents who want to perpetuate privilege to the benefit of their children. While many families believe this is just good parenting, it is actually hurting others by reducing their chances of securing these opportunities. There is a glass floor created for each affluent child helped by his or her wealthy, stable family. That glass floor is a glass ceiling for another child. Throughout Dream Hoarders, Reeves explores the creation and perpetuation of opportunity hoarding, and what should be done to stop it, including controversial solutions such as ending legacy admissions to school. He offers specific steps toward reducing inequality and asks the upper middle class to pay for it. Convinced of their merit, members of the upper middle class believes they are entitled to those tax breaks and hoarded opportunities. After all, they aren't the 1 percent. The national obsession with the super rich allows the upper middle class to convince themselves that they are just like the rest of America. In Dream Hoarders, Reeves argues that in many ways, they are worse, and that changes in policy and social conscience are the only way to fix the broken system.
Book Synopsis American Prosperity Producing New Social Problems by : T. N. Carver
Download or read book American Prosperity Producing New Social Problems written by T. N. Carver and published by . This book was released on 1927 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Destined for Failure by : Nicolás Sánchez
Download or read book Destined for Failure written by Nicolás Sánchez and published by Bloomsbury Publishing USA. This book was released on 2010-08-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a historical background of the American business cycle, challenges the validity of conventional Keynesian ideology, and presents a bold, alternative theory of how production leads to wealth in our modern economy. The United States is mired in the aftermath of booming economic prosperity, resembling the trouble recently experienced by the Japanese economy due partially to similar Keynesian bailouts and subsidies. Now more than two years into the current financial crisis, Americans are starting to wonder if we can ever escape the consequences of past mistakes. If our "recovery" plan continues along the previous paths that generated economic bubbles and unemployment, then we are destined for failure. Destined for Failure: American Prosperity in the Age of Bailouts provides a conceptual framework previously available only to those with formal university training. It explains the effects of government regulation, political interference in the housing and job markets, misallocation of resources in health and education, moral hazard, environmental constraints, and excessive taxation. The authors provide insight into their view of Keynesian economics as an outdated, detrimental ideology, and take the Bush and Obama administrations to task for budget deficits and cronyistic subsidies and bailouts.
Book Synopsis A Capitalism for the People by : Luigi Zingales
Download or read book A Capitalism for the People written by Luigi Zingales and published by Basic Books. This book was released on 2014-02-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment -- paired with rampant nepotism and cronyism -- on a country's economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times personal argument that the roots of American capitalism are dying, and that the result is a drift toward the more corrupt systems found throughout Europe and much of the rest of the world. American capitalism, according to Zingales, grew in a unique incubator that provided it with a distinct flavor of competitiveness, a meritocratic nature that fostered trust in markets and a faith in mobility. Lately, however, that trust has been eroded by a betrayal of our pro-business elites, whose lobbying has come to dictate the market rather than be subject to it, and this betrayal has taken place with the complicity of our intellectual class. Because of this trend, much of the country is questioning -- often with great anger -- whether the system that has for so long buoyed their hopes has now betrayed them once and for all. What we are left with is either anti-market pitchfork populism or pro-business technocratic insularity. Neither of these options presents a way to preserve what the author calls "the lighthouse" of American capitalism. Zingales argues that the way forward is pro-market populism, a fostering of truly free and open competition for the good of the people -- not for the good of big business. Drawing on the historical record of American populism at the turn of the twentieth century, Zingales illustrates how our current circumstances aren't all that different. People in the middle and at the bottom are getting squeezed, while people at the top are only growing richer. The solutions now, as then, are reforms to economic policy that level the playing field. Reforms that may be anti-business (specifically anti-big business), but are squarely pro-market. The question is whether we can once again muster the courage to confront the powers that be.
Book Synopsis The Principles of American Prosperity by : Leighton A. Wilkie
Download or read book The Principles of American Prosperity written by Leighton A. Wilkie and published by . This book was released on 1981 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with the nature of man, the evolution of production and exchange, and pertinent economic considerations and problems in presenting an argument in favor of private enterprise.
Book Synopsis The Prosperity Agenda by : Nancy Soderberg
Download or read book The Prosperity Agenda written by Nancy Soderberg and published by Turner Publishing Company. This book was released on 2008-07-01 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the devastating 2005 earthquake in Pakistan, the Bush administration pledged more than $500 million for earthquake relief and sent American helicopters and soldiers to help. Immediately afterward, polls showed that the number of Pakistanis with a favorable opinion of the United States had doubled to more than 46 percent. The Prosperity Agenda argues that this may be the best foreign policy moment of the entire Bush administration—at the cost of what we spend in Iraq every day—and should become a model for future action. In this provocative, ingenious book, Soderberg and Katulis make one of the most controversial arguments that foreign policy circles have seen in years: no more putting all our eggs in the basket of promoting democracy or market reforms, or even diplomacy, sanctions, or cash handouts to faltering governments. Instead, they argue, we should go right to the citizens of troubled nations and give them what they need most. People in the Congo, Iraq, Pakistan, and North Korea all have the same concerns, and the right to vote is far from the top of the list. They need freedom from war, good food and shelter, basic health care, and the reasonable hope that tomorrow will be better. It's not only the right thing to do; it's likely to do more for American interests than the policies we've been relying on for years. Why have seven years of President Bush's "freedom agenda" failed to achieve freedom or democracy in Iraq, Afghanistan, or anywhere else? When democracy starts to sound like a code word for advancing U.S. interests, it backfires. Latin America provides an excellent example of why freedom's march has stalled, in large part due to quality-of-life issues. A 2004 survey showed that a majority of people in Latin America would rather have a government that provided economic gains than a democracy. The Prosperity Agenda embraces a new and compelling strategy for overcoming that problem and dealing with the world. Giving money, weapons, and loans with lots of strings attached doesn't do it. But handing out vaccines, disaster relief, and $100 laptops does. Working to improve the basic lives of people will, in the end, help defeat terrorism, increase America's leverage against its enemies, weaken dictatorships, and, most importantly, save the lives of millions.
Book Synopsis Under-Rewarded Efforts by : Santiago Levy Algazi
Download or read book Under-Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Book Synopsis First Principles: Five Keys to Restoring America's Prosperity by : John B. Taylor
Download or read book First Principles: Five Keys to Restoring America's Prosperity written by John B. Taylor and published by W. W. Norton & Company. This book was released on 2012-01-23 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economist John B. Taylor’s straightforward plan to rebuild America’s economic future by returning to its founding principles. Mired in a crippling economic slump and hamstrung by partisan political debates, America faces substantial economic challenges, from widespread unemployment to the government’s ballooning debt. These assaults on our prosperity reflect the unintended consequences of more than a decade of government intervention in virtually all areas of the economy. Stanford University economist John B. Taylor proposes a natural and reasonable solution to our economic challenges: return to the country’s founding principles—limited government, rule of law, strong incentives, reliance on markets, a predictable policy framework—and rekindle its economic dynamism.
Book Synopsis The Betrayal of American Prosperity by : Clyde Prestowitz
Download or read book The Betrayal of American Prosperity written by Clyde Prestowitz and published by Simon and Schuster. This book was released on 2010-05-11 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: CONSIDER THIS SHOCKING FACT: while China’s number one export to the United States is $46 billion of computer equipment, the number one export from the U.S. to China is waste—$7.6 billion of waste paper and scrap metal. Bestselling author Clyde Prestowitz reveals the astonishing extent of the erosion of the fundamental pillars of American economic might—beginning well before the 2008 financial crisis—and the great challenge we face for the future in competing with the economic juggernaut of China and the other fast-rising economies. As the arresting facts he introduces show, the U.S. is rapidly losing the basis of its wealth and power, as well as its freedom of action and independence. If we do not make dramatic changes quickly, we will confront a painful permanent slide in our standard of living; the dollar will no longer be the world’s currency; our military strength will be whittled away; and we will be increasingly subject to the will of China, Russia, Saudi Arabia, and various malcontents. But it doesn’t have to be that way. As Prestowitz shows in a masterful account of how we’ve come to this fateful juncture, we have inflicted our economic decline on ourselves—we abandoned the extraordinary approach to growth that drove the country’s remarkable rise to superpower status from the early days of the republic up through World War II. For most of our history, we supported our home industries, protected our market against unfair trade, made the world’s finest products—leading the way in technological innovation—and we were strong savers. But in the post-WWII era, we reversed course as our leadership embraced a set of simplistically attractive but disastrously false ideas—that consumption rather than production should drive our economy; that free trade is always a win-win; that all globalization is good; that the market is always right and government regulation or intervention in the economy always causes more harm than good; and that it didn’t matter that our factories were fleeing overseas because we were moving to the "higher ground" of services. In a devastating account, Prestowitz shows just how flawed this orthodoxy is and how it has gutted the American economy. The 2008 financial crisis was only its most blatant and recent consequence. It is time to abandon these false doctrines and to get back to the American way of growth that brought us to world leadership; Prestowitz presents a deeply researched and powerful set of highly practical steps that we can begin implementing immediately to reverse course and restore our economic leadership and excellence. The Betrayal of American Prosperity is vital reading for all Americans concerned about the future of the economy and of our power in the coming era.
Book Synopsis The Confiscation of American Prosperity by : M. Perelman
Download or read book The Confiscation of American Prosperity written by M. Perelman and published by Springer. This book was released on 2007-10-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that the right-wing revolution in the United States has created deepening inequality and will lead to economic catastrophe. The author makes the case that over the past three decades the rich have confiscated wealth and income from the poor and middle class to a far greater extent than many realize, and he explores in detail important but commonly unmeasured dimensions of inequality. He also takes aim at the economics profession, criticising the analytical blinders that leave economists incapable of seeing the coming crisis.
Book Synopsis Problems in American History: Power and prosperity, 1898-1929 by : David Cox
Download or read book Problems in American History: Power and prosperity, 1898-1929 written by David Cox and published by . This book was released on 1969 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Rise and Fall of American Growth by : Robert J. Gordon
Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
