Middle Class Economics

Fighting climate change, saving democracy, and eradicating poverty are urgent global challenges, yet the world's leaders continue to pursue outdated policies that focus on one while worsening the tradeoffs between each of them. Shared Prosperity in a Fractured World shows how the nations of the world can achieve all three objectives.

In this original, provocative contribution to the debate over economic inequality, Ganesh Sitaraman argues that a strong and sizable middle class is a prerequisite for America’s constitutional system. A New York Times Notable Book of 2017 For most of Western history, Sitaraman argues...

American democracy depends on united support by the largest economic class in the nation—the middle class. But this class faces a crisis of internal division, threatening America’s future. If conflict continues to worsen, it could lead to violence, threatening democracy itself. Since the 1980s, the upper middle class—the affluent group just below the top one percent—has reaped far more benefit from economic growth than the rest of the class. This division has provoked anger among those without the opportunity to move up.

From the New York Times-bestselling author of Unintended Consequences comes another bold and contrarian book by the man who famously defended capitalism and the one percent at the height of the Occupy movement. Conventional wisdom says income inequality is rising and harmful to nearly everyone...

A commonsense guide to eliminate wealth disparity in America and restore middle-class workers to economic prominence.

Peter Georgescu arrived in this country as a penniless Romanian refugee and rose to become the CEO of Young & Rubicam. Which is why he's so heartsick that in America today, with flat wages, disappearing jobs, and a shrinking middle class, his kind of rags-to-riches story doesn't seem possible now. But he has a message for his fellow CEOs: we're the ones who must take the lead in fixing the economy.