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Why Do I Feel So Squeezed?
Berrett-Koehler Publishers
April 2008
On Sale: April 1, 2008
225 pages
ISBN: 1576754774
EAN: 9781576754771
Hardcover
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Non-Fiction
Is Social Security really going bust, and what does that
mean to me? If I hire an immigrant, am I hurting a
native-born worker? Why does the stock market go up when
employment declines? Should I give that homeless guy a buck?
What's a "living wage"? How much can presidents really
affect economic outcomes? What does the Federal Reserve Bank
really do? Why do I feel so squeezed? If you'd like some straight answers, premier economist Jared
Bernstein is here to help. In Crunch he responds to dozens
of questions he has fielded from working Americans,
questions that directly relate to the bottom-line,
dollars-and-cents concerns of real people. Chances are if
there's a stumper you've always wanted to ask an economist,
it's solved in this book. Bernstein is fed up with "Darth Vaders with PhDs" who use
their supposed expertise to intimidate average citizens and
turn economics into a tool for the rich and powerful. In the
pages of Crunch, Bernstein lays bare the dark secret of
economics: it's not an objective scientific discipline. It's
a set of decisions about the best way to organize our
society to produce and distribute resources and
opportunities. And we all can, and must, participate in
these decisions. "America is a democracy," he writes. "And
in a democracy all of us, not just the elites and their
scholarly shock troops, get to weigh in on biggies like this." Our economy will be only as fair as we can make it. In this
lively and irreverent tour through everyday economic
mysteries, Bernstein helps us decode economic "analysis,"
navigate through murky ethical quandaries, and make sound
economic decisions that reflect our deepest aspirations for
ourselves, our families, and our country.
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