Men Without Work

Author: Nicholas Eberstadt
Publisher: Templeton Foundation Press
ISBN: 9781599474700
Release Date: 2016-09-12
Genre: Political Science

By one reading, things look pretty good for Americans today: the country is richer than ever before and the unemployment rate is down by half since the Great Recession—lower today, in fact, than for most of the postwar era. But a closer look shows that something is going seriously wrong. This is the collapse of work—most especially among America’s men. Nicholas Eberstadt, a political economist who holds the Henry Wendt Chair in Political Economy at the American Enterprise Institute, shows that while “unemployment” has gone down, America’s work rate is also lower today than a generation ago—and that the work rate for US men has been spiraling downward for half a century. Astonishingly, the work rate for American males aged twenty-five to fifty-four—or “men of prime working age”—was actually slightly lower in 2015 than it had been in 1940: before the War, and at the tail end of the Great Depression. Today, nearly one in six prime working age men has no paid work at all—and nearly one in eight is out of the labor force entirely, neither working nor even looking for work. This new normal of “men without work,” argues Eberstadt, is “America’s invisible crisis.” So who are these men? How did they get there? What are they doing with their time? And what are the implications of this exit from work for American society? Nicholas Eberstadt lays out the issue and Jared Bernstein from the left and Henry Olsen from the right offer their responses to this national crisis. For more information, please visit http://menwithoutwork.com.

A Nation of Takers

Author: Nicholas Eberstadt
Publisher: Templeton Foundation Press
ISBN: 9781599474366
Release Date: 2012-10-10
Genre: Political Science

In A Nation of Takers: America’s Entitlement Epidemic, one of our country’s foremost demographers, Nicholas Eberstadt, details the exponential growth in entitlement spending over the past fifty years. As he notes, in 1960, entitlement payments accounted for well under a third of the federal government’s total outlays. Today, entitlement spending accounts for a full two-thirds of the federal budget. Drawing on an impressive array of data and employing a range of easy- to- read, four color charts, Eberstadt shows the unchecked spiral of spending on a range of entitlements, everything from medicare to disability payments. But Eberstadt does not just chart the astonishing growth of entitlement spending, he also details the enormous economic and cultural costs of this epidemic. He powerfully argues that while this spending certainly drains our federal coffers, it also has a very real,long-lasting, negative impact on the character of our citizens. Also included in the book is a response from one of our leading political theorists, William Galston. In his incisive response, he questions Eberstadt’s conclusions about the corrosive effect of entitlements on character and offers his own analysis of the impact of American entitlement growth.

Unintended Consequences

Author: Edward Conard
Publisher: Penguin
ISBN: 9781101602584
Release Date: 2012-05-07
Genre: Political Science

In the aftermath of the Financial Crisis, many com­monly held beliefs have emerged to explain its cause. Conventional wisdom blames Wall Street and the mortgage industry for using low down pay­ments, teaser rates, and other predatory tactics to seduce unsuspecting home owners into assuming mortgages they couldn't afford. It blames average Americans for borrowing recklessly and spend­ing too much. And it blames the tax policies and deregulatory environment of the Reagan and Bush administrations for encouraging reckless risk taking by wealthy individuals and financial institutions. But according to Unintended Consequences, the conventional wisdom masks the real causes of our economic disruption and puts us at risk of facing a slew of unintended-and potentially dangerous-consequences.

The Upside of Inequality

Author: Edward Conard
Publisher: Penguin
ISBN: 9780698409910
Release Date: 2016-09-13
Genre: Business & Economics

The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone. From the Hardcover edition.

Talking from 9 to 5

Author: Deborah Tannen
Publisher: Harper Collins
ISBN: 9780380717835
Release Date: 1995-09-01
Genre: Social Science

Your project went off without a hitch--but somebody else got the credit...You averted a crisis brilliantly--but no one noticed...You came to the meeting with a sensational idea--but it was ignored until someone else said the same thing... HOW CAN YOU GET CREDIT & GET AHEAD? In her extraordinary international bestseller, You Just Don't Understand, Deborah Tannen transformed forever the way we look at intimate relationships between women and men. Now she turns her keen ear and observant eye toward the workplace--where the ways in which men and women communicate can determine who gets heard, who gets ahead, and what gets done. An instant classic, Talking From 9 to 5 brilliantly explains women's and men's conversational rituals--and the language barriers we unintentionally erect in the business world. It is a unique and invaluable guide to recognizing the verbal power games and miscommunications that cause good work to be underappreciated or go unnoticed--an essential tool for promoting more positive and productive professional relationships among men and women.

The Will to Lead

Author: Anders Fogh Rasmussen
Publisher: HarperCollins
ISBN: 9780062475336
Release Date: 2016-09-27
Genre: Political Science

From the former prime minister of Denmark comes an impassioned plea to persuade Americans to elect a president who will restore America to its proper role of global leader, instead of "leading from behind." Anders Fogh Rasmussen is unabashedly pro-American, a fierce defender of freedom, and a public figure unafraid to speak his mind. The Will to Lead is his defense of American leadership in the global struggle for freedom and democracy. A critic of President Barack Obama’s policy of "leading from behind" in foreign affairs, Rasmussen argues that this strategy has emboldened Russia and China—and made the world more dangerous and unstable in the past eight years. Rasmussen reviews current geopolitical events—the Arab Spring, the Iranian nuclear deal, the Russian annexation of Crimea and invasion of Ukraine—and critically analyzes the strategy and decision-making of Obama and his secretaries of state John Kerry and Hillary Clinton. Contrasting them with previous American leaders, Rasmussen argues that, like it or not, America is the world’s indispensable world leader—and must act as the world’s policeman. Rasmussen looks to past presidents Truman, Kennedy, and Reagan to identify the indispensable components of presidential leadership on the global stage, and shares his personal assessments of leaders he has come to know personally, including George W. Bush, Vladimir Putin, Angela Merkel, Tony Blair, Barack Obama, and Hillary Clinton. Most important, he offers a bold plan for a strengthened American and European alliance, joined by like-minded liberal democracies such as Japan and Australia, to create a military, political, and economic bulwark against the forces of tyranny. Hard-hitting yet fair, drawn from history and his own experience, The Will to Lead is a thoughtful contribution to American politics, full of wisdom, for politically involved Americans on either side of the aisle.

We Wanted Workers Unraveling the Immigration Narrative

Author: George J. Borjas
Publisher: W. W. Norton & Company
ISBN: 9780393249026
Release Date: 2016-10-11
Genre: Business & Economics

From “America’s leading immigration economist” (The Wall Street Journal), a refreshingly level-headed exploration of the effects of immigration. We are a nation of immigrants, and we have always been concerned about immigration. As early as 1645, the Massachusetts Bay Colony began to prohibit the entry of “paupers.” Today, however, the notion that immigration is universally beneficial has become pervasive. To many modern economists, immigrants are a trove of much-needed workers who can fill predetermined slots along the proverbial assembly line. But this view of immigration’s impact is overly simplified, explains George J. Borjas, a Cuban-American, Harvard labor economist. Immigrants are more than just workers—they’re people who have lives outside of the factory gates and who may or may not fit the ideal of the country to which they’ve come to live and work. Like the rest of us, they’re protected by social insurance programs, and the choices they make are affected by their social environments. In We Wanted Workers, Borjas pulls back the curtain of political bluster to show that, in the grand scheme, immigration has not affected the average American all that much. But it has created winners and losers. The losers tend to be nonmigrant workers who compete for the same jobs as immigrants. And somebody’s lower wage is somebody else’s higher profit, so those who employ immigrants benefit handsomely. In the end, immigration is mainly just another government redistribution program. “I am an immigrant,” writes Borjas, “and yet I do not buy into the notion that immigration is universally beneficial. . . . But I still feel that it is a good thing to give some of the poor and huddled masses, people who face so many hardships, a chance to experience the incredible opportunities that our exceptional country has to offer.” Whether you’re a Democrat, a Republican, or an Independent, We Wanted Workers is essential reading for anyone interested in the issue of immigration in America today.

The Reconnection Agenda

Author: Jared Bernstein
Publisher: CreateSpace
ISBN: 1511769386
Release Date: 2015-04-24
Genre: Labor market

While there are many uniquely positive attributes about the US economy, something is fundamentally wrong and here's what it is: economic growth can no longer be counted on to deliver broadly shared prosperity. Remarkably, pundits, politicians, and candidates from both sides of the aisle are constantly citing the disconnect between overall growth and the economic prospects of most households. We hear lots of well-placed angst about the middle-class squeeze, wage stagnation, "sticky" poverty rates that are unresponsive to growth, and the immobility of those on the wrong side of the inequality divide. And yet . . . no one has articulated a thorough, robust agenda designed explicitly to reunite growth and prosperity. Until now. While many books on these issues spend most of their time on diagnosis and little on prescription, Jared Bernstein, former Chief Economist to Vice President Joe Biden and member of President Obama's economics team, intentionally flips that ratio in The Reconnection Agenda: each chapter presents concrete policy solutions to the fundamental disconnect, including those that can get us to full employment, make monetary and fiscal policy work together more effectively, rebalance international trade, promote mobility, and break the "economic shampoo cycle" (bubble, bust, repeat) that has characterized our economy for decades. Bernstein's last chapter explains why, even while powerful economic elites block commonsense solutions, the demand for a reconnection agenda is growing. What's critical is that citizens recognize the difference between a policy set that will actually help and a phony one that will exacerbate the forces that for decades now have been preventing growth from reaching most Americans. If you've ever read an article or heard a radio report about the lack of enough good jobs, the rise of inequality, and/or the economic stressors facing the middle class and the poor-not to mention the endless squabbles of policy makers unable to do anything truly useful about these problems-and wished for a reader-friendly, even occasionally fun (really!) book that takes you through what's gone wrong and how to fix it . . . Then The Reconnection Agenda is for you! Oh . . . and by the way . . . it's also downloadable for free. How's that for a whack at the forces of economic darkness?

The Unloved Dollar Standard

Author: Ronald I. McKinnon
Publisher: Oxford University Press
ISBN: 9780199311583
Release Date: 2012-11-28
Genre: Business & Economics

This book provides historical and analytical perspectives on the different phases of the postwar dollar standard in order to better understand its resilience in spite of the great volatility in today's global monetary system.

The Wealth of Humans

Author: Ryan Avent
Publisher: St. Martin's Press
ISBN: 9781466887190
Release Date: 2016-09-20
Genre: Business & Economics

None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century? Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon Valley, Avent investigates the meaning of work in the twenty-first century: how technology is upending time-tested business models and thrusting workers of all kinds into a world wholly unlike that of a generation ago. It's a world in which the relationships between capital and labor and between rich and poor have been overturned. Past revolutions required rewriting the social contract: this one is unlikely to demand anything less. Avent looks to the history of the Industrial Revolution and the work of numerous experts for lessons in reordering society. The future needn't be bleak, but as The Wealth of Humans explains, we can't expect to restructure the world without a wrenching rethinking of what an economy should be.

The Welfare of Nations

Author: James Bartholomew
Publisher: Cato Institute
ISBN: 9781939709929
Release Date: 2016-11-15
Genre: Political Science

What damage is being done by failing welfare states? What lessons can be learned from the best welfare states? And—is it too late to stop welfare states from permanently diminishing the lives and liberties of people around the world? Traveling around the globe, James Bartholomew examines welfare models, searching for the best education, health care, and support services in 11 vastly different countries; illuminating the advantages and disadvantages of other nations' welfare states; and delving into crucial issues such as literacy, poverty, and inequality. This is a hard-hitting and provocative contribution to understanding how welfare states, as the defining form of government today, are changing the very nature of modern civilization.

Bring Back the Bureaucrats

Author: John DiIulio
Publisher: Templeton Foundation Press
ISBN: 9781599474687
Release Date: 2014-09-02
Genre: Political Science

In Bring Back the Bureaucrats, John J. DiIulio Jr., one of America’s most respected political scientists and an adviser to presidents in both parties, summons the facts and statistics to show us how America’s big government actually works and why reforms that include adding a million more people to the federal workforce by 2035 might actually help to slow government’s growth while improving its performance. Starting from the underreported reality that the size of the federal workforce hasn’t increased since the early 1960s even though the federal budget has skyrocketed and the number of federal programs has ballooned, Bring Back the Bureaucrats tells us what our elected leaders won’t: there simply are not enough federal workers to do work that’s critical to our democracy. Government in America, DiIulio reveals, is Leviathan by Proxy, a grotesque form of debt-financed big government that guarantees bad government: • Washington relies on state and local governments, for-profit firms, and nonprofit organizations to implement federal policies and programs. Big-city mayors, defense industry contractors, nonprofit executives and other federal proxies lobby incessantly for more federal spending. • The proxy system chokes on chores as distinct as cleaning up toxic waste sites, caring for hospitalized veterans, collecting taxes, handling plutonium, and policing more than $100 billion a year in “improper payments.” • The lack of enough competent, well-trained federal civil servants figured in the failed federal response to Hurricane Katrina and in the troubled launch of Obamacare “health exchanges,” Bring Back the Bureaucrats is further distinguished by the presence of E. J. Dionne Jr. and Charles Murray, two of the most astute voices from the political left and right, respectively, who offer their candid responses to DiIulio at the end of the book.

The Coming Jobs War

Author: Jim Clifton
Publisher: Simon and Schuster
ISBN: 9781595620606
Release Date: 2013-09-16
Genre: Business & Economics

Definitive leadership strategy for fixing the American economy, drawn from Gallup’s unmatched global polling and written by the company’s chairman. What everyone in the world wants is a good job. “This is one of the most important discoveries Gallup has ever made,” says the company’s Chairman, Jim Clifton. In The Coming Jobs War, Clifton makes the bold assertion that job creation and successful entrepreneurship are the world’s most pressing issues right now, outpacing runaway government spending, environmental degradation and even the threat of global terrorism. The book is grounded in findings from Gallup’s World Poll, which reveals the implications of the jobs war on everything from economics to foreign policy to nothing less than America’s moral authority in the world. And it offers a prescription for attacking the jobs issue head-on. Clifton argues that the solution to creating good jobs must be found in cities, not in the federal government. Promoting entrepreneurship and job creation must be the sole mission and purpose of cities’ business leaders, government officials and philanthropists. Clifton says that the next big breakthrough will come from the combination of the forces within big cities, great universities and powerful local leaders. Their combined effect is the most reliable, controllable and predictable solution to America’s biggest problem. Strong leadership teams and a natural order are already in place within cities — in governments and local business and philanthropic entities, with caring leaders working on initiatives to fuel local economic growth and to create good jobs. The feat these leaders have to pull off is doubling their entrepreneurial energy by aligning their local forces: local tribal leaders, super mentors and universities. Winning the jobs war will require all hands on deck, and failure is not an option, especially for the United States, which has been the global leader in promoting freedom and entrepreneurship. America’s place in the world is at stake, and there are other countries poised to surpass a sputtering U.S. economy that is currently growing at only 2% annually. The biggest threat? China, with a GDP that is increasing at nearly 10% annually — a pace that will make it the world’s leading and most influential economy within the next 30 years. While the statistics are dire, Clifton remains optimistic about America’s ability to win the jobs war because America has been here before. “The Greatest Generation saved America by beating the Japanese and Germans at [World War II]. The Baby Boomers saved America a second time by beating the same foes, Japan and Germany, in an economic war that determined the leadership of the free world, again,” he says. The Coming Jobs War offers a clear, brutally honest look at America’s biggest problem and a cogent prescription for solving it.

My Friend the Fanatic

Author: Sadanand Dhume
Publisher: Skyhorse Publishing Inc.
ISBN: 9781602396432
Release Date: 2009-01-01
Genre: Social Science

A nation once synonymous with tolerance, Indonesia, the fourth most populous country in the world, and the world's most populous Muslim country, now finds itself in the midst of a profound shift toward radical Islam. Sadanand Dhume, a Princeton-educated Indian atheist with a fondness for literary fiction and an interest in economic development, travels to Indonesia to find out how a society goes from broad inclusiveness to shrill intolerance in the space of a generation. His traveling companion is Herry Nurdi, a young Islamist who hero-worships Osama bin Laden. Together, their travels span mosques and discotheques, prison cells and dormitories, sacred volcanoes and temple ruins, forging an uneasy friendship that offers a first-hand look into the crucible of radical Islam's future. With Indonesia's first presidential election in five years scheduled for April 2009, My Friend the Fanatic is a disturbing and poignant journey through the battleground for Islam's future.