The Next Economy and America's Future
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About the author
Robert B. Reich is Chancellor’s Professor of Public Policy at the Richard and Rhoda Goldman School of Public Policy at the University of California, Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written twelve books, including The Work of Nations, which has been translated into twenty-two languages, and the best seller Supercapitalism. His articles have appeared in The New Yorker, The Atlantic, The New York Times, The Washington Post, and The Wall Street Journal. He is also cofounding editor of The American Prospect magazine and provides weekly commentaries on public radio’s Marketplace. He lives in Berkeley and blogs at www.robertreich.org.
From the Hardcover edition.
In the press
“In Aftershock, Robert Reich takes the blame off ‘Wall Street’ and suggests our economic crisis isn’t universally due to ‘Wall Street.’ Reich states the real problem is structural—the rich get richer . . . and the middle class get more heavily debt-ridden to maintain a decent standard of living. All Americans will benefit from reading this insightful, timely book.”
“Important and well executed . . . Reich is fluent, fearless, even amusing.”
-Sebastian Mallaby, The New York Times Book Review
“One of the clearest explanations to date of what has happened—how the United States went from . . . ‘the Great Prosperity’ of 1947 to 1975 to the Great Recession.”
-Bob Herbert, The New York Times
“Lucid and cogent.”
“Well argued and frighteningly plausible: without a return to the “basic bargain” (that workers are also consumers), the “aftershock” of the Great Recession includes a long-term high unemployment and a political backlash—a crisis, he notes with a sort of grim optimism, that just might be painful enough to encourage necessary structural reforms.”