Average Is Over by Tyler Cowen audiobook

Average Is Over: Powering America Beyond the Age of the Great Stagnation

By Tyler Cowen
Read by Andrew Garman

Recorded Books, Inc.
8.71 Hours 1
Format : CD (In Stock)
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    ISBN: 9781664421325

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The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you' re not at the top, you' re at the bottom. The global labor market is changing radically thanks to growth at the high end-- and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them. In this eye-opening book, renowned economist and bestselling author Tyler Cowen explains that phenomenon: High earners are taking ever more advantage of machine intelligence in data analysis and achieving ever-better results. Meanwhile, low earners who haven' t committed to learning, to making the most of new technologies, have poor prospects. Nearly every business sector relies less and less on manual labor, and this fact is forever changing the world of work and wages. A steady, secure life somewhere in the middle-- average-- is over. With The Great Stagnation, Cowen explained why median wages stagnated over the last four decades; in Average Is Over he reveals the essential nature of the new economy, identifies the best path forward for workers and entrepreneurs, and provides readers with actionable advice to make the most of the new economic landscape. It is a challenging and sober must-read but ultimately exciting, good news. In debates about our nation' s economic future, it will be impossible to ignore.

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Summary

Summary

The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you' re not at the top, you' re at the bottom. The global labor market is changing radically thanks to growth at the high end-- and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them. In this eye-opening book, renowned economist and bestselling author Tyler Cowen explains that phenomenon: High earners are taking ever more advantage of machine intelligence in data analysis and achieving ever-better results. Meanwhile, low earners who haven' t committed to learning, to making the most of new technologies, have poor prospects. Nearly every business sector relies less and less on manual labor, and this fact is forever changing the world of work and wages. A steady, secure life somewhere in the middle-- average-- is over. With The Great Stagnation, Cowen explained why median wages stagnated over the last four decades; in Average Is Over he reveals the essential nature of the new economy, identifies the best path forward for workers and entrepreneurs, and provides readers with actionable advice to make the most of the new economic landscape. It is a challenging and sober must-read but ultimately exciting, good news. In debates about our nation' s economic future, it will be impossible to ignore.

Editorial Reviews

Editorial Reviews

“Andrew Garman narrates much of this economic analysis with an alarmist tone that will make people pay attention, even worry. But he knows how to lighten up when the author has something positive or hopeful to say, and his performance overall is easy to hear and fitting for this prescient book.” AudioFile
“A buckle-your-seatbelts, swiftly moving tour of the new economic landscape.”  Kirkus Reviews

Reviews

Reviews

Author

Author Bio: Tyler Cowen

Author Bio: Tyler Cowen

Tyler Cowen, PhD, holds the Holbert C. Harris chair in economics at George Mason University. He is the author of several books, including the New York Times bestseller The Great Stagnation, and a number of academic books. He writes the mos- read economics blog worldwide, marginalrevolution.com. He has written regularly for the New York Times and contributes to a wide number of newspapers and periodicals.

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Details

Details

Available Formats : CD
Runtime: 8.71
Audience: Adult
Language: English