000 02849cam a2200397Ii 4500
001 ocn908192511
003 OCoLC
005 20240726104954.0
008 150430s2015 cau ob 001 0 eng d
040 _aNT
_beng
_erda
_epn
_cNT
_dNT
020 _a9780520961708
_q((electronic)l(electronic)ctronic)
043 _an-us---
050 0 4 _aHT690
_b.H655 2015
049 _aNTA
100 1 _aMadland, David,
_e1
245 1 0 _aHollowed out :
_bwhy the economy doesn't work without a strong middle class /
_cDavid Madland.
246 1 _aWhy the economy doesn't work without a strong middle class
260 _aOakland, California :
_bUniversity of California Press,
_c(c)2015.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
505 0 0 _aMiddle out vs. trickle down --
_tTrust --
_tGood governance --
_tStable consumer demand --
_tHuman capital --
_tPutting everyone economics into practice.
520 0 _a"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.
530 _a2
_ub
650 0 _aMiddle class
_zUnited States
_xEconomic conditions
_y21st century.
650 0 _aMiddle class
_zUnited States
_xEconomic policy
_y21st century.
650 0 _aConsumption (Economics)
_zUnited States
_y21st century.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=986166&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHT.
_m2015
_QOL
_R
_x
_8NFIC
_2LOC
994 _a02
_bNT
999 _c84582
_d84582
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell