American Economics

Political gridlock in Washington…the lingering effects of the financial crisis…structural problems such as unemployment and the skills gap of our work force…the mediocre K-12 educational system. Are our best days behind us? Joel Kurtzman persuasively shows why all the talk about America's decline is not only baseless but dead wrong. Our best days, are, in fact, ahead of us.

Compared to other industrialized nations, the United States is losing ground across nearly every indicator of social health. Its race problem, argues Eduardo Porter, is largely to blame. In American Poison, the New York Times veteran shows how racial animus has stunted the development of nearly every institution crucial for a healthy society, including organized labor, public education, and the social safety net. The consequences are profound and are only growing graver with time.

In his first book, American Underdog, David Brat examines how we brought down the status quo by tapping in to moral and economic lessons as old as our civilization and discusses how Washington can learn from history instead of ignoring it. A fighter for children, he illuminates how our current fiscal policies are selling their future and outlines new ways to move forward with a conservative agenda that provides fairer treatment for all.

Author Laura Jessy Highbury uses empirical evidence from a range of disciplines - anthropology, economics, epidemiology, medicine, nutrition science, social advertising, psychology, public health, sociology, and urban planning - to examine America's obesity problem.

The greatest American economic development stimulus policy to create prosperity and renewed growth and much needed jobs would be the abolishment of the current tax code in favor of a new hybrid flat and fair tax code. Holbrook demonstrates how this new tax code would be equitable and fair to all Americans.

We are helpless to slow the decrease of economic damage when a recession occurs. We need a new approach! We have discovered that new stimulus is the quickest, most powerful, and useful tool to get our economy back on track. We need the American Stimulus Program! We can take a small sliver of our disposable income and funnel it together to stimulate and strengthen our economy's most vital component: consumer spending. We could take some of our spare change to build up our economy. This Program ensures stimulus each week effectively and efficiently.

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One of the greatest challenges for the African American community is a severe lack of power. Like caged animals in the zoo, millions of black people in America and across the world often feel that our lives are controlled by other people or that opportunities only enter our lives when they are created by our oppressors. This debilitating mindset can lead to hopelessness, depression and decision-making that is driven by fear rather than desire. Instead of believing that we possess the ability to improve our lives, we simply wait and hope that White Americans will one day have a change of heart.

In September of 2019, Luis Alberto Quiñonez—known as Sito— was shot to death as he sat in his car in the Mission District of San Francisco. He was nineteen. His killer, Julius Williams, was seventeen. It was the second time the teens had encountered one another. The first, five years before, also ended in tragedy, when Julius watched as his brother was stabbed to death by an acquaintance of Sito’s. The two murders merited a few local news stories, and then the rest of the world moved on. But for Laurence Ralph, Sito’s murder forced him to revisit the subject in a profoundly different way.

By providing historical context and a thorough yet easily accessible explanation of US financial markets, authors Norbert Michel and Jennifer Schulp provide a much-needed counterpoint to current debates and criticisms. "Financing Opportunity" not only busts many popular myths about financial markets but also proposes ways to improve how our financial markets function. With financial markets and American opportunity so closely tied, financial policy is vital to supporting growth, productivity, and prosperity.

This book examines the idea of the phenomenon of how the American working class supports the economic elite. This is in direct contradiction to the notion prevalent in the Western world about the rise of populism, the inaccurate assessment of the American working class being against the economic elite.

Uwe Reinhardt was a towering figure and moral conscience of health care policy in the United States and beyond. Famously bipartisan, he advised presidents and Congress on health reform and originated central features of the Affordable Care Act. In Priced Out, Reinhardt offers an engaging and enlightening account of today's US health care system, explaining why it costs so much more and delivers so much less than the systems of every other advanced country, why this situation is morally indefensible, and how we might improve it.

In this illuminating debut, Yoni Appelbaum, historian and journalist for The Atlantic, shows us that this idea has been under attack since reformers first developed zoning laws to ghettoize Chinese Americans in nineteenth-century Modesto, California. The century of legal segregation that ensued—from the zoning laws enacted to force Jewish workers back into New York’s Lower East Side to the private-sector discrimination and racist public policy that trapped Black families in Flint, Michigan to Jane Jacobs’ efforts to protect her vision of the West Village.

Crusades against the automobile are nothing new. Its arrival sparked battles over street space, pitting the masses against the millionaires who terrorized pedestrians. When the masses got cars of their own, they learned to love driving, too. During World War II, Washington nationalized Detroit and postwar Americans embraced car and country as if they were one.

Why have so many middle-class Americans encountered so much financial trouble? In this classic analysis of hard-pressed families, the authors discover that financial stability for many middle-class Americans is all too fragile. The authors consider the changing cultural and economic factors that threaten financial security and what they imply for the future vitality of the middle class. A new preface examines the persistent and new threats that have emerged since the original publication.

The Patrons of Husbandry - or the Grange - is the longest-lived US agricultural society and, since its founding shortly after the Civil War, has had immeasurable influence on social change as enacted by ordinary Americans. The Grange sought to relieve the struggles of small farmers by encouraging collaboration. Pathbreaking for its inclusion of women, the Grange is also well known for its association with Gilded Age laws aimed at curbing the monopoly power of railroads.

In Crash Course, Ingrassia answers the big questions: Was Detroit's self-destruction inevitable? What were the key turning points? Why did Japanese automakers manage American workers better than the American companies themselves? Ingrassia also describes dysfunctional corporate cultures (even as GM's market share plunged, the company continued business as usual) and Detroit's perverse system of "inverse layoffs" (which allowed union members to invoke seniority to avoid work).

Critically acclaimed author Clyde Prestowitz reveals the shocking extent of the deterioration of American economic strength that has put the United States on the brink of irreversibly losing our supremacy on the world stage and our prosperity at home. While the financial crisis has been a devastating blow, he shows that the wreckage of our economic might started much earlier.

Unassuming but formidable, American maritime insurers used their position at the pinnacle of global trade to shape the new nation. The international information they gathered and the capital they generated enabled them to play central roles in state building and economic development.

“Genius is one percent inspiration and ninety-nine percent perspiration.” This phrase, arguably Thomas Edison’s most famous quote, has been drilled into the minds of generations of Americans. A fairly straightforward iteration of the idea that innovation, discovery, and ingenuity are the result of drive and grit above all, it has also come to represent much darker myths: that hard work always leads to success and that achievement is the product of individuals and not communities.