{"product_id":"failure-by-design-9780801450150","title":"Failure by Design","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eExplaining the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eBivens succeeds at exposing the 'cracked foundation' of the economy...: falling wages, assaults on unionism, globalization for workers and insulation for elites, the rise of the nonproductive financial sector, and the abandonment of full employment as a policy target. In graph after carefully and simply explained graph, Bivens walks the reader through the historical trajectory of these and other economic developments that have come to define the current situation.\u003c\/p\u003e -- Cecilio Morales * America *\u003cbr\u003e\u003cp\u003eIn this useful and timely work, Bivens provides an assessment that will clarify for many the widely held view that the current 'great recession' need not have occurred but rather was due to government policy errors. These included minimum wage erosion by inflation; weakening of laws governing unions and collective bargaining; globalization that benefitted the already privileged; and slow growth of wages and income at the middle of the income distribution.... Summing up: Highly recommended.\u003c\/p\u003e * Choice *\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eForeword by Lawrence Mishel\u003cb\u003eI. The Great Recession: The Damage Done and the Rot Revealed\u003c\/b\u003e\u003cb\u003eII. The Great Recession's Trigger: Housing Bubble Leads to Jobs Crisis\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eFallout: The Job Market\u003cbr\u003e Fallout: Broader Measures of Economic Security—Poverty, Health Insurance, and Net Wealth\u003c\/i\u003e\u003cb\u003eIII. The Policy Response to the Great Recession: What Was Done, and Did It Work?\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eThe Dynamics of the Great Recession\u003cbr\u003e Recovery Act Controversies: What Was in It?\u003cbr\u003e Recovery Act Controversies: Did It Work at All?\u003cbr\u003e Recovery Act Controversies: Why Has Consumer and Not Government Spending Led the Recovery? \u003c\/i\u003e\u003cb\u003eIV. The Great Recession Ended More Than a Year Ago—So, \"Mission Accomplished\"?\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eApathy, Not Overreach\u003cbr\u003e Exchange Rate Policy\u003cbr\u003e Monetary Policy\u003cbr\u003e Fiscal Policy\u003cbr\u003e Clear Economics, Fuzzy Politics \u003c\/i\u003e\u003cb\u003eV. The Cracked Foundation Revealed by the Great Recession\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eFalling Minimum Wage\u003cbr\u003e Assault on Workers' Right to Organize\u003cbr\u003e Global Integration for America's Workers and Insulation for Elites\u003cbr\u003e The Rise of Finance\u003cbr\u003e Abandoning Full Employment as a Target\u003cbr\u003e You Get the Economy You Choose\u003cbr\u003e Incomes in the 30 Years before the Great Recession: Growing Slower and Less Equal\u003cbr\u003e Is Everybody Getting Richer but the Rich Are Just Getting Richer Faster?\u003cbr\u003e Why Have Typical Families' Incomes and Overall Economic Growth De-linked?\u003cbr\u003e The Arithmetic of Rising Inequality: Falling Wage Growth for Most American Workers\u003cbr\u003e The Economics of Rising Inequality\u003cbr\u003e Lower Wage Growth Did Not Buy Greater Economic Security or Sustained Progress in Closing Racial Gaps\u003cbr\u003e How Did American Families Cope with Lower Wage Gowth and Rising Insecurity?\u003c\/i\u003e\u003cb\u003eVI. Where to from Here?\u003c\/b\u003eBibliography\u003cbr\u003e About EPI\u003cbr\u003e About the Author\u003cbr\u003e The \u003ci\u003eState of Working America\u003c\/i\u003e Website\u003c\/p\u003e","brand":"MB - Cornell University Press","offers":[{"title":"Default Title","offer_id":51742318068055,"sku":"9780801450150","price":18.04,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780801450150.jpg?v=1758384232","url":"https:\/\/bookcurl.com\/products\/failure-by-design-9780801450150","provider":"Book Curl","version":"1.0","type":"link"}