Revealing the changes in the American economy that led to such crises as the federal deficit, a cautionary history predicts that American denial of current trends will dangerously compromise our world status. 25,000 first printing. Tour.
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"The most straightforward account of the disappearing of the American Dream."--Commentary
"In the tradition of the economists Robert Heilbroner and John Kenneth Galbraith, Mr. Madrick makes sophisticated economics easy reading."--The New York Times "One of the best books on what's happening in the American economy to be published in years."--Richard Nelson, Columbia University "For the layman looking to make sense of the 1990s economy, this is a short, accessible primer that clears away a lot of the underbrush and highlights the central truth about the American economy."--The Washington Post "Without question, The End of Affluence has begun to make a real impact on the future course of U.S. economic policy."--Richard Gephardt, Democratic leader, U.S. House of RepresentativesJeffrey Madrick was finance editor of Business Week and a columnist for Money.
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