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Keyword: ericbeinhocker

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  • We Desperately Need a Twenty-First Century View of the Economy.

    02/21/2016 1:33:12 AM PST · by M. Dodge Thomas · 22 replies
    Evonomics ^ | 02-21-2016 | Nick Hanauer and Eric Beinhocker
    For everyone but the top 1 percent of earners, the American economy is broken. Since the 1980s, there has been a widening disconnect between the lives lived by ordinary Americans and the statistics that say our prosperity is growing. Despite the setback of the Great Recession, the U.S. economy more than doubled in size during the last three decades while middle-class incomes and buying power have stagnated.... (yet) for too many families, the American Dream is becoming more a historical memory than an achievable reality. These facts do not just highlight the issues of inequality and the growing power of...