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020 _a9780801450150
_qprint
020 _a9780801460654
_qPDF
024 7 _a10.7591/9780801460654
_2doi
035 _a(DE-B1597)9780801460654
035 _a(DE-B1597)478684
035 _a(OCoLC)979630436
040 _aDE-B1597
_beng
_cDE-B1597
_erda
050 4 _aHC106.83
_b.B58 2016
072 7 _aBUS069000
_2bisacsh
082 0 4 _a330.973
_223
084 _aonline - DeGruyter
100 1 _aBivens, Josh
_eautore
245 1 0 _aFailure by Design :
_bThe Story behind America's Broken Economy /
_cJosh Bivens.
264 1 _aIthaca, NY :
_bCornell University Press,
_c[2011]
264 4 _c©2011
300 _a1 online resource (120 p.) :
_b46 charts/graphs
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 0 _aEconomic Policy Institute
505 0 0 _tFrontmatter --
_tTable of Contents --
_tList of Figures --
_tAcknowledgments --
_tForeword --
_tThe Great Recession: The damage done and the rot revealed --
_tThe Great Recession's Trigger: Housing bubble leads to jobs crisis --
_tThe Policy Response to the Great Recession: What was done, and did it work? --
_tThe Great Recession Ended More Than a Year Ago- so, "Mission Accomplished"? --
_tThe Cracked Foundation Revealed by the Great Recession --
_tWhere to from Here? --
_tBibliography --
_tAbout EPI --
_tAbout the Author
506 0 _arestricted access
_uhttp://purl.org/coar/access_right/c_16ec
_fonline access with authorization
_2star
520 _aIn Failure by Design, the Economic Policy Institute's Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy's struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s.As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade's sluggish and localized economic expansion.In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphical evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.
530 _aIssued also in print.
538 _aMode of access: Internet via World Wide Web.
546 _aIn English.
588 0 _aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)
650 0 _aFinancial crises
_zUnited States
_xHistory
_y21st century.
650 0 _aGlobal Financial Crisis, 2008-2009.
650 0 _aWorking class
_zUnited States
_xEconomic conditions
_y21st century.
650 4 _aBusiness (General).
650 4 _aLabor History.
650 4 _aSociology & Social Science.
650 7 _aBUSINESS & ECONOMICS / Economics / General.
_2bisacsh
700 1 _aMishel, Lawrence
_eautore
850 _aIT-RoAPU
856 4 0 _uhttps://doi.org/10.7591/9780801460654
856 4 0 _uhttps://www.degruyter.com/isbn/9780801460654
856 4 2 _3Cover
_uhttps://www.degruyter.com/document/cover/isbn/9780801460654/original
942 _cEB
999 _c197396
_d197396