Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries)

[RamboLiberal]

As Jared Bernstein, now the chief economic adviser to Vice President Joseph Biden, wrote in the preface to his book, “Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries)”:

“Economics has been hijacked by the rich and powerful, and it has been forged into a tool that is being used against the rest of us.”

http://www.nytimes.com/2009/03/10/opinion/10herbert.html?_r=1

From Amazon.com

From Publishers Weekly
Starred Review. According to economist and author Bernstein (All Together Now: Common Sense for a Fair Economy), the endless parade of economic legislation and corporate criminality that keep the rich getting richer are all a direct product of economic knowledge being monopolized and manipulated by the rich, keeping the middle and lower classes woefully unprepared to understand, much less stand up to, the economic forces aligned against them. Fortunately, this accessible overview should clear things up for even the most befogged reader. Answering questions from an average American perspective-"the ones in the vise grip of the crunch"-Bernstein explains murky topics like health care reform, minimum wage laws, the Federal Reserve, immigration and budget deficits with a clear, friendly manner that sidesteps any scholarly (and/or sinister) obfuscation. His progressive "we're all in this togther" philosophy, though seemingly familiar, is backed up with enough data and savvy to illuminate what's wrong in the dominant "self-reliance" narrative of American political discourse. This down-to-earth, populist guide to the pressing economic issues of our time is a clarifying, useful and empowering resource.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review
No mere populist rant, Crunch is organized as a broad primer on U.S. economics that uses inequality as a starting point for understanding this wider subject. Bernstein's concise explanations of issues like unemployment and health care expenses are meaty and engaging, offering laypeople tangible insight into how the economy functions and what it takes to ensure that those who make it work also share its rewards. -- Utne, Book Review, May-June 2008

[zeos3]

1. Sounds interesting

I'll have to check this one out. Thanks for the heads up.

It sounds similar to an old favorite of mine. Check out "The Great Risk Shift" by Jacob S. Hacker.