The Wall and the Bridge is popular PDF and ePub book, written by Glenn Hubbard in 2022, it is a fantastic choice for those who relish reading online the Capitalism genre. Let's immerse ourselves in this engaging Capitalism book by exploring the summary and details provided below. Remember, The Wall and the Bridge can be Read Online from any device for your convenience.

The Wall and the Bridge Book PDF Summary

An informed argument for an economic policy based on bridges of preparation and adaptation rather than walls of protection and exclusion "When technological change and globalization in recent decades brought frustration over the resulting losses to jobs and communities, there were no guardrails to get these workers back on track. As this compelling book shows, our nation is going to need bridges to help people get through the unavoidable transformations."--Edmund Phelps, 2006 Nobel Laureate in Economics and author of Mass Flourishing Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls--of both the physical and economic kinds--to insulate communities and keep competition at bay. While recognizing the broad emotional appeal of walls, economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail. Taking Adam Smith's logic to Youngstown, Ohio, as a case study in economic disruption, Hubbard promotes the benefits of an open economy and creating bridges to support people in turbulent times so that they remain engaged and prepared to participate in, and reap the rewards of, a new economic landscape.

Detail Book of The Wall and the Bridge PDF

The Wall and the Bridge
  • Author : Glenn Hubbard
  • Release : 30 September 2024
  • Publisher : Yale University Press
  • ISBN : 9780300259087
  • Genre : Capitalism
  • Total Page : 249 pages
  • Language : English
  • PDF File Size : 19,9 Mb

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