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Author:   Josh Bivens ,  Lawrence Mishel
Publisher:   Cornell University Press
Imprint:   ILR Press
Dimensions:   Width: 15.20cm , Height: 1.80cm , Length: 22.90cm
Weight:   0.454kg
ISBN:  

9780801450150

ISBN 10:   0801450152
Pages:   120
Publication Date:   11 January 2011
Recommended Age:   From 18 years
Audience:   General/trade ,  General
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

"Foreword by Lawrence Mishel I. The Great Recession: The Damage Done and the Rot Revealed II. The Great Recession's Trigger: Housing Bubble Leads to Jobs Crisis Fallout: The Job Market Fallout: Broader Measures of Economic Security-Poverty, Health Insurance, and Net Wealth III. The Policy Response to the Great Recession: What Was Done, and Did It Work? The Dynamics of the Great Recession Recovery Act Controversies: What Was in It? Recovery Act Controversies: Did It Work at All? Recovery Act Controversies: Why Has Consumer and Not Government Spending Led the Recovery? IV. The Great Recession Ended More Than a Year Ago-So, ""Mission Accomplished""? Apathy, Not Overreach Exchange Rate Policy Monetary Policy Fiscal Policy Clear Economics, Fuzzy Politics V. The Cracked Foundation Revealed by the Great Recession Falling Minimum Wage Assault on Workers' Right to Organize Global Integration for America's Workers and Insulation for Elites The Rise of Finance Abandoning Full Employment as a Target You Get the Economy You Choose Incomes in the 30 Years before the Great Recession: Growing Slower and Less Equal Is Everybody Getting Richer but the Rich Are Just Getting Richer Faster? Why Have Typical Families' Incomes and Overall Economic Growth De-linked? The Arithmetic of Rising Inequality: Falling Wage Growth for Most American Workers The Economics of Rising Inequality Lower Wage Growth Did Not Buy Greater Economic Security or Sustained Progress in Closing Racial Gaps How Did American Families Cope with Lower Wage Gowth and Rising Insecurity? VI. Where to from Here? Bibliography About EPI About the Author The State of Working America Website"

Reviews

In 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. Choice (January 2012)

<p> In 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. -Choice (January 2012)

Author Information

Josh Bivens has been an economist at the Economic Policy Institute since 2002. He is the author of Failure by Design: The Story behind America's Broken Economy and coauthor of The State of Working America, 12th Edition, both from Cornell. Lawrence Mishel is the president of the Economic Policy Institute and its research director from 1987 to 1999. He is the coauthor of every edition of The State of Working America.

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