Beyond the Numbers: Why Economic Growth Is Not Enough: Understanding Public Dissatisfaction Amid Prosperity, Unequal Gains, and Policy Shortfalls - Softcover
Synopsis
Economic growth is traditionally celebrated as the benchmark of national success, yet millions of Americans feel left behind. Despite some of the fastest GDP expansion in recent decades, public sentiment remains grim. Rising living costs, limited wage gains, job insecurity, regional disparities, and visible inequality have eroded confidence in the economy.
In Beyond the Numbers: Why Economic Growth Is Not Enough, distinguished economic analysis reveals the structural realities behind this paradox. Drawing on comprehensive research and real‑world data, this book demonstrates how growth can occur without being felt. It examines the disconnect between macroeconomic indicators and household experience, highlighting the influence of inflation on daily budgets, the stagnation of wages for many workers, and the psychological effects of relative deprivation.
This authoritative work unpacks the evolving labor market, including the impacts of automation and globalization, and explores how demographic changes and regional divergence shape economic outcomes. It investigates why GDP can rise while public confidence declines, and why prosperity concentrated in certain sectors or regions does not translate into broad‑based well‑being.
Readers will gain insight into the policy interventions needed to align economic expansion with household reality: equitable taxation, progressive labor market reforms, inclusive financial access, strategic regional investment, and transparent governance. Prudent policies and informed public discourse are essential if growth is to be experienced as genuinely beneficial.
Balanced in its critique and forward‑looking in its solutions, this book provides the framework necessary to understand modern economic sentiment. Beyond the Numbers is essential reading for economists, policymakers, students, and any reader interested in the future of prosperity and fairness in a modern economy.
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Beyond the Numbers: Why Economic Growth Is Not Enough: Understanding Public Dissatisfaction Amid Prosperity, Unequal Gains, and Policy Shortfalls
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Beyond the Numbers
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Beyond the Numbers
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Beyond the Numbers (Paperback)
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Paperback. Condition: new. Paperback. Economic growth is traditionally celebrated as the benchmark of national success, yet millions of Americans feel left behind. Despite some of the fastest GDP expansion in recent decades, public sentiment remains grim. Rising living costs, limited wage gains, job insecurity, regional disparities, and visible inequality have eroded confidence in the economy.In Beyond the Numbers: Why Economic Growth Is Not Enough, distinguished economic analysis reveals the structural realities behind this paradox. Drawing on comprehensive research and real-world data, this book demonstrates how growth can occur without being felt. It examines the disconnect between macroeconomic indicators and household experience, highlighting the influence of inflation on daily budgets, the stagnation of wages for many workers, and the psychological effects of relative deprivation.This authoritative work unpacks the evolving labor market, including the impacts of automation and globalization, and explores how demographic changes and regional divergence shape economic outcomes. It investigates why GDP can rise while public confidence declines, and why prosperity concentrated in certain sectors or regions does not translate into broad-based well-being.Readers will gain insight into the policy interventions needed to align economic expansion with household reality: equitable taxation, progressive labor market reforms, inclusive financial access, strategic regional investment, and transparent governance. Prudent policies and informed public discourse are essential if growth is to be experienced as genuinely beneficial.Balanced in its critique and forward-looking in its solutions, this book provides the framework necessary to understand modern economic sentiment. Beyond the Numbers is essential reading for economists, policymakers, students, and any reader interested in the future of prosperity and fairness in a modern economy. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9798241993168
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