In the 1950s manufacturing generated nearly 30 percent of U.S. income. Over the past fifty-five years that share has gradually declined to less than 12 percent, at the same time that real estate, fina
Layoffs have become a fact of life in today’s economy; initiated in the mid 1970s, they are now widely expected, and even accepted. It doesn’t have to be that way.In The Disposable American, award-win
From the longtime New York Times economics correspondent, a closely reported argument for the continuing importance of industry for American prosperity. In the 1950s manufacturing generated nearly 30
