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Average Is Over

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Paperback / softback
304 Pages
22-October-2014
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Widely acclaimed as one of the world's most influential economists, Tyler Cowen is back with his big-book follow-up to the New York Times bestseller The Great Stagnation.
Renowned economist and author of Big BusinessTyler Cowen brings a groundbreaking analysis of capitalism, the job market, and the growing gap between the one percent and minimum wage workers in this follow-up to the New York Times bestseller The Great Stagnation.
The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom?
Economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle-average-is over.
In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.
Product Details
ISBN-13
9780142181119
Publisher
Penguin Group USA
Published
22-October-2014
Format
Paperback / softback
Pages
304

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RRP: $43.33
$42.25
Ships in 3-5 business days

Delivery estimate

Hurry up! Current stock:

Average Is Over

RRP: $43.33
$42.25

Description

Widely acclaimed as one of the world's most influential economists, Tyler Cowen is back with his big-book follow-up to the New York Times bestseller The Great Stagnation.
Renowned economist and author of Big BusinessTyler Cowen brings a groundbreaking analysis of capitalism, the job market, and the growing gap between the one percent and minimum wage workers in this follow-up to the New York Times bestseller The Great Stagnation.
The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom?
Economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle-average-is over.
In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.