Average Is Over Powering America Beyond the Age of the Great Stagnation
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Description: Widely acclaimed as one of the world’s most influential economists, Tyler Cowen returns with his groundbreaking follow-up to the New York Times bestseller The Great Stagnation.The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you’re not at the top, you’re at the bottom.The global labor market is changing radically thanks to growth at the high endand the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them.In this eye-opening book, renowned economist and bestselling author Tyler Cowen explains that phenomenon: High earners are taking ever more advantage of machine intelligence in data analysis and achieving ever-better results. Meanwhile, low earners who haven’t committed to learning, to making the most of new technologies, have poor prospects. Nearly every business sector relies less and less on manual labor, and this fact is forever changing the world of work and wages. A steady, secure life somewhere in the middleaverageis over.With The Great Stagnation, Cowen explained why median wages stagnated over the last four decades; in Average Is Over he reveals the essential nature of the new economy, identifies the best path forward for workers and entrepreneurs, and provides readers with actionable advice to make the most of the new economic landscape. It is a challenging and sober must-read but ultimately exciting, good news. In debates about our nation’s economic future, it will be impossible to ignore.
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $26.95
Copyright year: 2013
Publisher: Penguin Publishing Group
Publication date: 9/12/2013
Size: 6.25" wide x 9.25" long x 1.00" tall
|Welcome to the Hyper-Meritocracy|
|Work and Wages in iWorld|
|The Big Earners and the Big Losers|
|Why Are So Many People Out of Work?|
|What Games Are Teaching Us|
|New Work, Old Game|
|Our Freestyle Future|
|Why Intuition Isn't Helping You Get a Job|
|The New Office: Regular, Stupid, and Frustrating|
|Win the Turing Game Doesn't Matter|
|The New World of Work|
|The New Geography|
|The End of Average Science|
|A New Social Contract?|