Aftershock: the next economy and America's future

Eccles's insight

Parallels

The basic bargain

How concentrated income at the top hurts the economy

Why policymakers obsess about the financial economy instead of the real one

The great prosperity : 1947-1975

How we got ourselves into the same mess again

How Americans kept buying anyway : the three coping mechanisms

The future without coping mechanisms

Why China won't save us

No return to normal

The 2020 election

The politics of economics, 2010-2020

Why can't we be content with less?

The pain of economic loss

Adding insult to injury

Outrage at a rigged game

The politics of anger

What should be done : a new deal for the middle class

How it could get done.

Insight

Parallels

The basic bargain

Why the rich don't buy enough

Why policy makers obsess about the financial economy instead of the real one

The great prosperity : 1947-1977

How we got ourselves into the same mess again

How Americans kept buying anyway : the three coping mechanisms

The future without coping mechanisms

The myth of global rebalancing

What comes next.