Tyler Cowen: Average Is Over

Tyler Cowen, author of The Great Stagnation, a book about the cause of slow economic growth and stagnant wages, has published his sequel: Average Is Over: Powering America Beyond the Age of the Great Stagnation. The title refers to how the average wage earner is disappearing as society increasingly fractures into two separate major classes, neither of which is centered in the middle. I hear Yeats: "Things fall apart; the center cannot hold". For years I've been telling anyone one who'll listen that they better get higher level skills or else. So the theme of this book strikes a strong chord with me. Think you are firmly and safely planted in the middle of the middle class? Don't be complacent....
Source: FuturePundit - Category: Health Medicine and Bioethics Commentators Authors: Source Type: blogs