Lawrence Mishel's Books

The State of Working America 2006/2007

By: Lawrence R. Mishel,Jared Bernstein,Sylvia A. Allegretto

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The State of Working America 2006/2007

By: Lawrence R. Mishel,Jared Bernstein,Sylvia A. Allegretto

Praise for previous editions of The State of Working America: "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy." Robert B. Reich"It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America's workplace to keep pace with the country's economic growth. The State of Working America is a well-written, soundly argued, and important reference book." Library Journal "If you want to know what happened to the economic well-being of the average American in the past decade or so, this is the book for you. It should be required reading for Americans of all political persuasions." Richard Freeman, Harvard University "A truly comprehensive and useful book that provides a reality check on loose statements about U.S. labor markets. It should be cheered by all Americans who earn their living from work." William Wolman, former chief economist, CNBC's Business Week "The State of Working America provides very valuable factual and analytic material on the economic conditions of American workers. It is the very best source of information on this important subject." Ray Marshall, University of Texas, former U.S. Secretary of Labor"An indispensable work . . . on family income, wages, taxes, employment, and the distribution of wealth." Simon Head, The New York Review of Books "No matter what political camp you're in, this is the single most valuable book I know of about the state of America, period. It is the most referenced, most influential resource book of its kind." Jeff Madrick, author, The End of Affluence "This book is the single best yardstick for measuring whether or not our economic policies are doing enough to ensure that our economy can, once again, grow for everybody." Richard A. Gephardt "The best place to review the latest developments in changes in the distribution of income and wealth." Lester ThurowThe State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty-data that enable the authors to closely examine the effect of the economy on the living standards of the American people.

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444

Publisher

Cornell University Press

Published Date

ISBN 10

0801473551

ISBN 13

9780801473555

The State of Working America, 2002/2003

By: Lawrence R. Mishel,Jared Bernstein,Heather Boushey

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The State of Working America, 2002/2003

By: Lawrence R. Mishel,Jared Bernstein,Heather Boushey

Examines the impact of the economy on the living standards of the American people over the post-World War II. Comprises seven chapters which cover: family income; wages; employment, unemployment; wealth; income distribution and poverty; regional disparities; and international comparisons.

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514

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Cornell University Press

Published Date

ISBN 10

0801488036

ISBN 13

9780801488030

Corporate Irresponsibility

America's Newest Export

By: Lawrence E. Mitchell

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Corporate Irresponsibility

America's Newest Export

By: Lawrence E. Mitchell

Mitchell declares that managers should be freed from the legal and structural constraints that make it difficult for them to exercise ordinary moral judgment and be held accountable for their actions. He demonstrates the extent to which contemporary corporate behavior represents a corruption of our cherished liberal values of personal freedom and individuality.

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312

Publisher

Yale University Press

Published Date

ISBN 10

0300137761

ISBN 13

9780300137767

Rugged Individualism and the Misunderstanding of American Inequality

By: Lawrence M. Eppard,Mark Robert Rank,Heather E. Bullock

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Rugged Individualism and the Misunderstanding of American Inequality

By: Lawrence M. Eppard,Mark Robert Rank,Heather E. Bullock

Rugged Individualism and the Misunderstanding of American Inequalityexplores and critiques the widespread perception in the United States that one’s success or failure in life is largely the result of personal choices and individual characteristics. As the authors show, the distinctively individualist ideology of American politics and culture shapes attitudes toward poverty and economic inequality in profound ways, fostering social policies that de-emphasize structural remedies. Drawing on a variety of unique methodologies, the book synthesizes data from large-scale surveys of the American population, and it features both conversations with academic experts and interviews with American citizens intimately familiar with the consequences of economic disadvantage. This mixture of approaches gives readers a fuller understanding of “skeptical altruism,” a concept the authors use to describe the American public’s hesitancy to adopt a more robust and structurally-oriented approach to solving the persistent problem of economic disadvantage.

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303

Publisher

Rowman & Littlefield

Published Date

ISBN 10

1611462355

ISBN 13

9781611462357

Managing Workforce Development in the 21st Century: Global Reflections and Forward Thinking in the New Millennium

By: Henry O'Lawrence

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Managing Workforce Development in the 21st Century: Global Reflections and Forward Thinking in the New Millennium

By: Henry O'Lawrence

The book begins with the premise that workforce education is a global issue and is becoming increasingly competitive. It is important for the reader to understand the concept of work historically, as well as its meaning and implications to individuals. Understanding this history leads to better instruction, education, and training, which can solve many human performance problems in the workplace. Workforce Education, Occupational, Training, Instruction or Career Education, Voca-tional Education or Technical Education is used interchangeably throughout this book. The concept of today’s workforce development is universal. As a college professor, I believe I have an ethical obligation to promote learning, to ensure health and safety, to protect the public and private trust, and to promote the transfer of learning. A second premise of this book is that there are common issues and problems in the workplace. This book provides, in a single volume, the knowledge base common to all work settings for today’s students, regardless of their specialty. Thus, the book was designed for students to think globally and to understand how to be and what it takes to be competitive in the global economy.

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260

Publisher

Informing Science

Published Date

ISBN 10

1681100037

ISBN 13

9781681100036

Poorly Understood

What America Gets Wrong About Poverty

By: Mark Robert Rank,Lawrence M. Eppard,Heather E. Bullock

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Poorly Understood

What America Gets Wrong About Poverty

By: Mark Robert Rank,Lawrence M. Eppard,Heather E. Bullock

What if the idealized image of American societya land of opportunity that will reward hard work with economic successis completely wrong? Few topics have as many myths, stereotypes, and misperceptions surrounding them as that of poverty in America. The poor have been badly misunderstood since the beginnings of the country, with the rhetoric only ratcheting up in recent times. Our current era of fake news, alternative facts, and media partisanship has led to a breeding ground for all types of myths and misinformation to gain traction and legitimacy. Poorly Understood is the first book to systematically address and confront many of the most widespread myths pertaining to poverty. Mark Robert Rank, Lawrence M. Eppard, and Heather E. Bullock powerfully demonstrate that the realities of poverty are much different than the myths; indeed in many ways they are more disturbing. The idealized image of American society is one of abundant opportunities, with hard work being rewarded by economic prosperity. But what if this picture is wrong? What if poverty is an experience that touches the majority of Americans? What if hard work does not necessarily lead to economic well-being? What if the reasons for poverty are largely beyond the control of individuals? And if all of the evidence necessary to disprove these myths has been readily available for years, why do they remain so stubbornly pervasive? These are much more disturbing realities to consider because they call into question the very core of America's identity. Armed with the latest research, Poorly Understood not only challenges the myths of poverty and inequality, but it explains why these myths continue to exist, providing an innovative blueprint for how the nation can move forward to effectively alleviate American poverty.

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257

Publisher

Oxford University Press

Published Date

ISBN 10

0190881402

ISBN 13

9780190881405

Single World, Divided Nations?

International Trade and the OECD Labor Markets

By: Robert Z. Lawrence

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Single World, Divided Nations?

International Trade and the OECD Labor Markets

By: Robert Z. Lawrence

The world economy has undergone miraculous changes in the last decade, particularly in developing and former communist countries. Privatization and trade liberalization have replaced the protectionist and statist policies that were deeply entrenched in these areas just ten years ago. Today, these dynamic emerging markets offer attractive opportunities. According to Robert Lawrence, liberal international trade and investment should provide significant opportunities for gains in developing and developed nations alike. But will the developed countries be allowed to keep their markets open and absorb exports from developing countries? Many in the U.S. and Europe blame international trade for unemployment and wage inequality. But what is the real relationship? Lawrence contends that while trade has played some role in reducing the wages of poorly educated workers in the U.S. and in raising the unemployment of unskilled workers in Europe, its impact has been small compared with other causes of these changes. Lawrence examines the role of trade in developed and developing countries and its impact on labor markets and wage inequality, and discusses what he considers the more important effects of technological and organizational change. He begins by focusing on U.S. wage behavior, then moves to wage behavior in the OECD countries. Lawrence concludes that the impact of globalization on OECD labor markets has been far less damaging than many have argued and, indeed, that international trade enhances national welfare. He presents considerable evidence that the sources of poor labor market performance are essentially domestic—they reflect ongoing technological and organizational shocks that would be present even if the economy was closed. This evidence suggests that international differences in wage rates and labor standards are not major factors in OECD labor market behavior. He explains that the major challenges to policy are educating the public on t

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159

Publisher

Brookings Institution Press

Published Date

ISBN 10

0815720106

ISBN 13

9780815720102

The Race between Education and Technology

By: Claudia Goldin,Lawrence F. Katz

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The Race between Education and Technology

By: Claudia Goldin,Lawrence F. Katz

This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.

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497

Publisher

Harvard University Press

Published Date

ISBN 10

0674037731

ISBN 13

9780674037731

Rising Tide

Is Growth in Emerging Economies Good for the United States?

By: Lawrence Edwards,Robert Z. Lawrence

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Rising Tide

Is Growth in Emerging Economies Good for the United States?

By: Lawrence Edwards,Robert Z. Lawrence

In 1963, John F. Kennedy said that "a rising tide lifts all the boats. And a partnership, by definition, serves both parties, without domination or unfair advantage." US international economic policy since World War II has been based on the premise that foreign economic growth is in America's economic, as well as political and security, self-interest. The bursting of the speculative dot.com bubble, slowing US growth, and the global financial crisis and its aftermath, however, have led to radical changes in Americans' perceptions of the benefits of global trade. Many Americans believe that trade with emerging-market economies is the most important reason for US job loss, especially in manufacturing, and is detrimental to American welfare and an important source of wage inequality. Several prominent economists have reinforced these public concerns. In this study, Lawrence Edwards and Robert Z. Lawrence confront these fears through an extensive survey of the empirical literature and in depth analyses of the evidence. Their conclusions contradict several popular theories about the negative impact of US trade with developing countries. They find considerable evidence that while adjusting to foreign economic growth does present America with challenges, growth in emerging-market economies is in America's economic interest. It is hard, of course, for Americans to become used to a world in which the preponderance of economic activity is located in Asia. But one of America's great strengths is its adaptability. And if it does adapt, the American economy can be buoyed by that rising tide.

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299

Publisher

Peterson Institute

Published Date

ISBN 10

0881325007

ISBN 13

9780881325003

The State of Working America

2008-2009

By: Lawrence R. Mishel,Jared Bernstein,Heidi Shierholz

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The State of Working America

2008-2009

By: Lawrence R. Mishel,Jared Bernstein,Heidi Shierholz

Prepared biennally since 1988, 'The State of Working America' includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth and poverty - data that enable the authors to closely examine the effect of the economy on the living standards of the American people.

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476

Publisher

Cornell University Press

Published Date

ISBN 10

0801474779

ISBN 13

9780801474774

The State of Working America

By: Lawrence Mishel,Josh Bivens,Elise Gould,Heidi Shierholz

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The State of Working America

By: Lawrence Mishel,Josh Bivens,Elise Gould,Heidi Shierholz

From Reviews of Previous Editions— "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy."—Robert B. Reich "It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America’s workplace to keep pace with the country’s economic growth. The State of Working America is a well-written, soundly argued, and important reference book."—Library Journal "An indispensable work on family income, wages, taxes, employment, and the distribution of wealth."—New York Review of Books Since 1988, The State of Working America has provided a comprehensive answer to a question newly in vogue in this age of Occupy Wall Street: To what extent has overall economic growth translated into rising living standards for the vast majority of American workers and their families? In the 12th edition, Lawrence Mishel, Josh Bivens, Elise Gould, and Heidi Shierholz analyze a trove of data on income, jobs, mobility, poverty, wages, and wealth to demonstrate that rising economic inequality over the past three decades has decoupled overall economic growth from growth in the living standards of the vast majority. The new edition of The State of Working America also expands on this analysis of American living standards, most notably by placing the Great Recession in historical context. The severe economic downturn that began in December 2007 came on the heels of a historically weak recovery following the 2001 recession, a recovery that saw many measures of living standards stagnate. The authors view the past decade as "lost" in terms of living standards growth, and warn that millions of American households face another decade of lost opportunity. Especially troubling, the authors stress, is that while overall economic performance in the decades before the Great Recession was more than sufficient to broadly raise living standards, broad-based growth was blocked by rising inequality driven largely by policy choices. A determinedly data-driven narrative, The State of Working America remains the most comprehensive resource about the economic experience of working Americans.

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521

Publisher

Cornell University Press

Published Date

ISBN 10

0801466229

ISBN 13

9780801466229

Monopoly Restored

How the Super-Rich Robbed Main Street

By: Jack Lawrence Luzkow

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Monopoly Restored

How the Super-Rich Robbed Main Street

By: Jack Lawrence Luzkow

This book is a work of contemporary economic history focusing primarily on the US and the UK. It shows that, historically, much of the wealth of the ultra-wealthy has been based on inheritance, tax evasion, political influence, or wage theft. Today, much of the wealth of the rentier class—the super-rich—is based on income from ownership or control of scarce assets, or assets artificially made scarce. As a result, the super-rich reap much of their wealth from patents, monopolies, and subsidies. Their banks retain the right to speculate on risky derivatives, and their credit-card companies are not limited by usury laws that reduce interest rates. The super-rich have lowered (or escaped) inheritance taxes, shifted much of their income to lower taxed capital gains, practiced wage theft, fought minimum wage laws, outsourced jobs, and resorted to temps and contract labor to avoid unions and decent wages. They use tax havens where trillions of dollars remain untaxed, transfer profits of their intellectual and financial property to subsidiaries in low-tax regimes, and defend for-profit health insurance that is unaffordable and inequitable for millions. This book states in qualitative and quantitative terms how expensive the super-rich have become, why they are unsustainable for the rest of us, and what the way forward to greater economic equality may be. In sum, the super-rich are unaffordable.

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385

Publisher

Springer

Published Date

ISBN 10

3319939947

ISBN 13

9783319939940

Selected Papers of Lawrence R. Klein

Theoretical Reflections and Econometric Applications

By: Lawrence Robert Klein,Kanta Marwah

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Selected Papers of Lawrence R. Klein

Theoretical Reflections and Econometric Applications

By: Lawrence Robert Klein,Kanta Marwah

This volume contains selected papers of Lawrence R Klein in economics, econometric theory and applications in modeling, forecasting, macroeconomic analysis, international economics and public policy. Nobel Laureate Lawrence Klein's bibliography spans a half-century, including books, articles, and chapters in conference proceedings, festschriften, and thematic books. One such volume of solely scientific collections, mainly from his relatively early articles, has already been published. The present volume is different, it includes some articles, but largely chapters, or book excerpts that were mostly written since 1980, the approximate cut-off date of the prior volume, and the year of his Nobel Prize. Also, it includes things that were published in very limited or obscure editions. Thus it provides a more complete picture of his scholarly career and his current reflections on the state of economic science. All these writings are in the vanguard of thinking about economics in a global domain.The thirty-five-plus selections are organized in five parts, by major themes. An editorial commentary introduces each part. The introductory chapters include Klein's autobiographical research commentary, and his professional life philosophy.

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706

Publisher

World Scientific

Published Date

ISBN 10

9810226004

ISBN 13

9789810226008

Union-free America

Workers and Antiunion Culture

By: Lawrence Richards

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Union-free America

Workers and Antiunion Culture

By: Lawrence Richards

A stimulating study of how antiunionism has shaped the hearts and minds of American workers

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266

Publisher

University of Illinois Press

Published Date

ISBN 10

0252032713

ISBN 13

9780252032714

Optimal Money Flow

A New Vision of How a Dynamic-Growth Economy Can Work for Everyone

By: Lawrence C. Marsh

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Optimal Money Flow

A New Vision of How a Dynamic-Growth Economy Can Work for Everyone

By: Lawrence C. Marsh

Extremes in income and wealth inequality are leading us closer to a highly insecure and unstable economy. Neoclassical, monetarist, Keynesian, and other economic paradigms have proven inadequate to explain this phenomenon. While many books promote redistribution as an issue of fairness, Lawrence C. Marsh’s Optimal Money Flow explicitly sets aside the fairness issue to argue instead that redistribution is imperative for economic efficiency, stability, and maximum economic growth. Marsh introduces his unique money flow paradigm as the replacement for other economic paradigms that have failed at addressing the situation we face today. Marsh’s money flow paradigm views the flow of money to the top of the wealth pyramid as inherent, inevitable, and inexorable to the free enterprise system. This new paradigm requires that government assume its rightful responsibility to direct sufficient money flow from the top to the bottom (like a heart pumping blood throughout the body) in order to maximize employment, economic growth, and efficient resource allocation. In a healthy economy, the money then flows naturally back up to the top in a circulatory flow. Optimal Money Flow provides an abundance of stimulating, original ideas for readers who appreciate books at the intersection of economics and politics. One such idea is Marsh’s "My America" personal accounts. This new policy tool would serve as an alternative to the Fed buying US Treasury securities in New York financial markets, which just lowers interest rates and boosts stock and bond prices. Instead, a "My America" Federal Reserve bank account would be created for every American, into which money could be injected directly to provide consumers with cash to stimulate demand when the economy slows. Conservatives will appreciate two aspects of this approach: The people, not the government, decide how to spend the money, and it does not increase taxes or add to the national debt, while it simultaneously avoids excessive inflation through prudent monetary management. It also uses less money and has a more direct and immediate impact on consumer demand than the purchase of US Treasury securities. Lawrence Marsh sees government as the heart of the free enterprise system—where it does and should play an active part in maintaining and ensuring efficient and equitable resource allocation in an economy. Previous economic paradigms viewed government as an external, alien force outside the system, but Marsh promotes a very different approach. While he acknowledges there is efficiency in the market for ordinary goods and services, he sees contagion effects and inefficiency in many financial markets. With higher levels of globalization, low levels of unionization, and more rapid technological change, a new type of business cycle has emerged—one in which rising middle-class debt and stock market bubbles have replaced price and wage inflation as the source of economic instability. Marsh believes government can contribute to the efficiency of the free enterprise system by better aligning marginal costs and marginal benefits, and that in the long run, government can greatly enhance efficiency, productivity, and economic growth. Marsh also takes on the commonly held notion of a static fight over a fixed economic pie with the assertion that this view must be replaced with one of a dynamic process that maximizes the growth rate of the economic pie for everyone—by keeping the money flowing to all parts of the economy. Optimal Money Flow’s important message and unique proposals deliver a fresh view of the interconnectedness of the globe and an updated understanding of the underlying economic forces that shape our lives today—including international trade and how one country's decisions now impact the rest of the world. Readers will rethink their basic assumptions about the nature of economics and the role of government.

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268

Publisher

Greenleaf Book Group

Published Date

ISBN 10

1734225211

ISBN 13

9781734225211

On the Edge of Commitment

Educational Attainment and Race in the United States

By: Stephen Lawrence Morgan

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On the Edge of Commitment

Educational Attainment and Race in the United States

By: Stephen Lawrence Morgan

This book offers a new model of educational achievement to explain why some students are committed to preparation for college.

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276

Publisher

Stanford University Press

Published Date

ISBN 10

080474419X

ISBN 13

9780804744195

Class War?

What Americans Really Think about Economic Inequality

By: Benjamin I. Page,Lawrence R. Jacobs

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Class War?

What Americans Really Think about Economic Inequality

By: Benjamin I. Page,Lawrence R. Jacobs

Recent battles in Washington over how to fix America’s fiscal failures strengthened the widespread impression that economic issues sharply divide average citizens. Indeed, many commentators split Americans into two opposing groups: uncompromising supporters of unfettered free markets and advocates for government solutions to economic problems. But such dichotomies, Benjamin Page and Lawrence Jacobs contend, ring false. In Class War? they present compelling evidence that most Americans favor free enterprise and practical government programs to distribute wealth more equitably. At every income level and in both major political parties, majorities embrace conservative egalitarianism—a philosophy that prizes individualism and self-reliance as well as public intervention to help Americans pursue these ideals on a level playing field. Drawing on hundreds of opinion studies spanning more than seventy years, including a new comprehensive survey, Page and Jacobs reveal that this worldview translates to broad support for policies aimed at narrowing the gap between rich and poor and creating genuine opportunity for all. They find, for example, that across economic, geographical, and ideological lines, most Americans support higher minimum wages, improved public education, wider access to universal health insurance coverage, and the use of tax dollars to fund these programs. In this surprising and heartening assessment, Page and Jacobs provide our new administration with a popular mandate to combat the economic inequity that plagues our nation.

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158

Publisher

University of Chicago Press

Published Date

ISBN 10

0226644561

ISBN 13

9780226644561

Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?

By: Robert Z. Lawrence

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Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?

By: Robert Z. Lawrence

Manufacturing jobs, once the backbone of the modern US economy, have declined as a share of GDP over recent decades, darkening opportunities for middle-class advancement. Similar trends have impacted export superpowers like China, Germany, Japan, Singapore, and South Korea. Driven by nostalgia for a bygone era, however, many countries have turned to reshoring and “industrial policies” to revive manufacturing employment. In Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?, Robert Z. Lawrence argues that these efforts are unlikely to succeed. He demonstrates that deeply rooted forces common to all countries—technological change, shifting consumer spending patterns, and trade—account for lagging manufacturing employment and that these trends are unlikely to be reversed. The industrial sector’s historic role as an engine of opportunity and inclusive growth is unsustainable. Government efforts to promote manufacturing to achieve goals such as industrial self-sufficiency, green transitions, and digital technologies, however well intentioned, may even make economic growth less inclusive. Instead, new policies are needed to help people, places, and countries cope with inevitable changes in the composition of employment.

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362

Publisher

Peterson Institute for International Economics

Published Date

ISBN 10

0881327484

ISBN 13

9780881327489

Employer and Worker Collective Action

By: Andrew G. Lawrence

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Employer and Worker Collective Action

By: Andrew G. Lawrence

This book compares sources of worker and employer power in Germany, South Africa, and the United States in order to identify the sources of comparative U.S. decline in union power and to more precisely analyze the nature of labor-movement power. It finds that this power is not confined to allied parties, union confederations, or strikes, but rather consists of the capacity to autonomously translate power from one context to the next. By combining their product, labor market, and labor law advantages through their dominant employers' associations, leading firms are able to impose constraints on labor's free collective bargaining regionally and nationally, defeating employer interests that are more amenable to labor in the process. Through an examination of these patterns of interest organization, the book shows, however, that initial employer advantages prove to be contingent and unstable and that employers are forced to cede to more far-reaching demands of increasingly organized workers.

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373

Publisher

Cambridge University Press

Published Date

ISBN 10

1107071755

ISBN 13

9781107071759

The great forgetting

The past, present and future of Social Democracy and the Welfare State

By: Jack Lawrence Luzkow

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The great forgetting

The past, present and future of Social Democracy and the Welfare State

By: Jack Lawrence Luzkow

Today the US and the UK are at a crossroads. Millions are out of work, millions (in the US) are still deprived of health care, millions have lost their homes, and we are collectively more unequal than we have been since the 1920s. Both countries will experience massive social upheavals if they don’t reduce social inequality, invest massively in education and infrastructure, commit themselves to securing jobs for all who want them, change tax structures that coddle the 1 percent, rein in the anarchy of big banks by reregulating (or nationalising) them, and liberate the captive state from the financial institutions of Wall Street and the City of London. Social inequality is neither inevitable, nor the result of globalisation. It is the outcome of social and economic policies embraced by the 1 percent. This can be reversed by more social democracy, not less, by recovering the state for the 99 percent.

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374

Publisher

Manchester University Press

Published Date

ISBN 10

0719098440

ISBN 13

9780719098444

The State of Working America, 12th Edition

By: Lawrence Mishel,Josh Bivens,Elise Gould,Heidi Shierholz

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The State of Working America, 12th Edition

By: Lawrence Mishel,Josh Bivens,Elise Gould,Heidi Shierholz

Since 1988, The State of Working America has provided a comprehensive answer to a question newly in vogue in this age of Occupy Wall Street: To what extent has overall economic growth translated into rising living standards for the vast majority of American workers and their families? In the 12th edition, Lawrence Mishel, Josh Bivens, Elise Gould, and Heidi Shierholz analyze a trove of data on income, jobs, mobility, poverty, wages, and wealth to demonstrate that rising economic inequality over the past three decades has decoupled overall economic growth from growth in the living standards of the vast majority. The new edition of The State of Working America also expands on this analysis of American living standards, most notably by placing the Great Recession in historical context. The severe economic downturn that began in December 2007 came on the heels of a historically weak recovery following the 2001 recession, a recovery that saw many measures of living standards stagnate. The authors view the past decade as "lost" in terms of living standards growth, and warn that millions of American households face another decade of lost opportunity. Especially troubling, the authors stress, is that while overall economic performance in the decades before the Great Recession was more than sufficient to broadly raise living standards, broad-based growth was blocked by rising inequality driven largely by policy choices. A determinedly data-driven narrative, The State of Working America remains the most comprehensive resource about the economic experience of working Americans.

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521

Publisher

Cornell University Press

Published Date

ISBN 10

0801466237

ISBN 13

9780801466236

Unions and Economic Competitiveness

By: Lawrence R. Mishel,Paula Beth Vogel Voos

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Unions and Economic Competitiveness

By: Lawrence R. Mishel,Paula Beth Vogel Voos

Examines both the negative and the positive effects of trade unionization on various aspects of economic performance in the USA since the mid-1970s. Includes an overview of industrial relations and reorganization of work in West Germany.

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