Tailspin: The People and Forces Behind America's Fifty-Year Fall--and Those Fighting to Reverse It
Steven Brillamazon.com
Tailspin: The People and Forces Behind America's Fifty-Year Fall--and Those Fighting to Reverse It
Neil Howe • 1 highlight
amazon.comThe so-called “free-market system” has created perverse incentives for business leaders to “take the money and run.” Propounding the myth that markets are self-regulating, opportunists mastered tactics to drive up short-term stock prices and apparent profitability, and they rewarded themselves with handsome bonuses for doing so. Their freedom to sk
... See moreIn Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else, the journalist Chrystia Freeland describes how those with massive financial resources almost universally use them to secure policies beneficial to their interests, often at the expense of the less well-off. In the United States, a number of studies have shown that i
... See moreA team of researchers at Stanford University, led by an economist named Raj Chetty, used newly accessible data from the Internal Revenue Service to write a series of papers that addressed questions of opportunity in American life. One, titled “The Fading American Dream,” asked a simple question: How likely is it that an American child will be bette
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