EBOOK
About
Rebound takes the currently unthinkable view that the economy will bounce back faster and stronger from the downturn than most economists expect. Noted Labor economist Stephen J. Rose amasses data on the economic performance of America over the last 30 years to debunk myths about declining middle class incomes, burger-flipping jobs and global competition. He also describes the evolution of the financial crisis and mortgage lending implosion under the rubric of "brilliant idiocy" to show how the investors, financial firms, and regulators all made devastating mistakes in pursuit of quick gains.
The book argues forcefully that simple financial regulation and forthcoming investments in education, health care and energy will pay quick and healthy dividends. Using economic analysis rather than partisan argument, Rebound cuts through the clutter of political debate to show how the economy will return to high growth rates.
The book argues forcefully that simple financial regulation and forthcoming investments in education, health care and energy will pay quick and healthy dividends. Using economic analysis rather than partisan argument, Rebound cuts through the clutter of political debate to show how the economy will return to high growth rates.
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Reviews
"I always appreciate clear and cogent arguments. While I find many of Rose's positions too sanguine, his arguments and analyses are well reasoned and important to the crucial debate over where we've been and where we're going."
Robert Reich, former Secretary of Labor
"Like a great landscape artist, Stephen Rose paints for us a vivid picture of the U.S economy. Rebound explains the flaws that have led to the current economic catastrophe and gives a prescription for fixing them. It also focuses on the underlying riches of our economy, and especially our institutions, education, and middle class values. These are the reasons why the U .S. economy is so rich, a
George Akerlof, 2001 Nobel Laureate in Economics