I’m afrtaid you are going to have to pay for it, but this is an excellent review – from the current issue of the New York Review of Books – of what loooks to be an excellent book on the state of the American working class.
Time for a New Deal
By Jeff Madrick
The Big Squeeze: Tough Times for the American Worker
by Steven Greenhouse
Knopf, 365 pp., $25.95
Only recently has the situation outlined by Steven Greenhouse in his new book,The Big Squeeze, been getting serious attention from politicians. Average wages for American workers have been largely stagnating for a generation. Some six million more Americans have no health insurance today than did seven years ago. The distribution of income in the United States is as unequal as it was in the Roaring Twenties. With the country facing a possibly deep and painful recession, unemployment rising, and mortgage defaults at record levels, the poor state of the economy is finally high on the list of American concerns and is the leading presidential campaign issue.
- The NSA Scandal is all about Economics (November 2nd, 2013)
- NYT study on public subsidies in the US (January 15th, 2013)
- Fiscal Cliff Notes (November 13th, 2012)
- Happy Crashiversary! Are you better off now than you were four years ago? (September 14th, 2012)
- Labour Market Regulation and Labour Market Performance (August 30th, 2012)