Tyler Cowen
Average is Over
- ISBN 13:
- 9780142181119
- author:
- Tyler Cowen
- format:
- Paperback
- publisher:
- PLUME
- language:
- English
- Publication Year:
- 2014
- Pages:
- 292
- Dimensions:
- 14 x 1.7 x 20.3 cm
- Genre:
- Business, Finance & Law, Economics, Economic Conditions
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
The United States continues to create more millionaires and billionaires than any other country. Yet, since the great recession, nearly three quarters of the new jobs created pay only marginally more than minimum wage. Economist Tyler Cowen explores why this is happening and what it means for workers and entrepreneurs in a rapidly changing economy. Cowen argues that high earners are taking advantage of machine intelligence to achieve better results, while businesses rely less on manual labor. This shift has led to a situation where growth is concentrated at the top and bottom, leaving those in the middle with uncertain prospects. In this book, Cowen explains how the new economy works and what people need to do to thrive in it. By understanding the underlying forces driving economic change, readers can better navigate the challenges of the modern job market and make informed decisions about their careers and investments.
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