Unbound, Heather Boushey
Unbound, Heather Boushey
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Unbound
How Inequality Constricts Our Economy and What We Can Do about It

Author: Heather Boushey

Narrator: Teri Schnaubelt

Unabridged: 8 hr 33 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 02/18/2020


Synopsis

Do we have to choose between equality and prosperity? Many think that reducing economic inequality would require such heavy-handed interference with market forces that it would stifle economic growth. Heather Boushey insists nothing could be further from the truth. Presenting cutting-edge economics with journalistic verve, she shows how rising inequality has become a drag on growth and an impediment to a competitive United States marketplace for employers and employees alike.

Boushey argues that inequality undermines growth in three ways. It obstructs the supply of talent, ideas, and capital as wealthy families monopolize the best educational, social, and economic opportunities. It also subverts private competition and public investment. Powerful corporations muscle competitors out of business, in the process costing consumers, suppressing wages, and hobbling innovation, while governments underfund key public goods that make the American Dream possible, from schools to transportation infrastructure to information and communication technology networks. Finally, it distorts consumer demand as stagnant wages and meager workplace benefits rob ordinary people of buying power and pushes the economy toward financial instability.

Unbound exposes deep problems in the US economy, but its conclusion is optimistic.


About Heather Boushey

Heather Boushey is President and CEO of the Washington Center for Equitable Growth and former Chief Economist on Hillary Clinton's transition team. She is the author of Finding Time: The Economics of Work-Life Conflict and coeditor of After Piketty: The Agenda for Economics and Inequality. The New York Times has called Boushey one of the "most vibrant voices in the field" and Politico twice named her one of the top fifty "thinkers, doers, and visionaries transforming American politics."


Reviews

Goodreads review by Lauryn on September 11, 2021

Had to read this book for pub aff class lol (would not have picked it up on my own), but I thought it was pretty good. Argues that we don’t have to choose between equality and prosperity if only we can implement effective social policies and STOP TAX CUTS FOR THE RICH obvi lol to afford said policie......more

Goodreads review by Mark on April 17, 2020

Well done taking dry left brain data and putting meaningful right brain meat on its bones. Heather Boushey brilliantly deconstructs how market libertarians have misappropriated Adam Smith for their own ideology of selfish gain at the expense of society's rightful economic health. With facts and data......more

Goodreads review by Lukas on November 09, 2023

Heather makes the argument that economic inequality is fundamentally important to understanding the dynamics of the economy and that economics is undergoing a paradigm shift to include and think about this as new data is measured and old data is processed. She gives a few helpful insights of what to......more

Goodreads review by Beatriz on May 24, 2020

O livro compila uma série de estudos com o intuito de avaliar o problema da crescente desigualdade econômica nos Estados Unidos. A esse respeito, há um grande disclaimer sobre a necessidade de o trabalho ser encarado como um estudo de caso bastante específico para o país em questão. Logo, um leitor......more

Goodreads review by Vance on January 26, 2021

Boushey does a nice job of making a historical case for the importance of the differences in income between upper and lower income earners and explains how this can cause other social ills. Her perspective is that the underlying factors, which to her are mainly in the private sector, of income inequ......more