European University Institute Library

The squeezed middle, the pressure on ordinary workers in America and Britain, edited by Sophia Parker : [foreword by Gavin Kelly and Jared Bernstein]

eng

Includes bibliographical references and index

illustrations

index present

non fiction

The squeezed middle

bibliography

810113780

edited by Sophia Parker : [foreword by Gavin Kelly and Jared Bernstein]

the pressure on ordinary workers in America and Britain

"The issue of living standards is arguably the biggest challenge facing economists and politicians in the United States and the United Kingdom today. The product of a year-long fellowship at Harvard University's Kennedy School of Government, "The Squeezed Middle" brings together leading experts from both sides of the Atlantic to ask what the UK can learn from the US experience of stagnating wages and rising living costs. American workers have not benefited from growth for an entire generation: adjusting for inflation, the average American worker today earns as much as the average American worker did in 1975. During the last decade British workers have had a similar experience--they can no longer assume that when the economy grows their wages will grow with it. With contributions from a number of leading economic and policy thinkers, this collection analyzes the impact of different policies on those with low to middle incomes and explains what lessons the UK can learn from America's so-called lost generation"--provided by publisher

Introduction / Sophia Parker. -- Section I. Setting the scene : a rising tide no longer lifts all boats. -- Section II. Policy lessons : creating quality work, raising incomes and building greater economic security. -- Section 3. Looking ahead : a cautionary tale