From Logos, Jeff Madrick on economic recovery with no growth strategy. Republicans claim the poor caused the global financial collapse — new economic evidence proves they're wrong. More and more and more on American Colossus: The Triumph of Capitalism 1865 - 1900 by H.W. Brands. It’s the unions, Jack: Why America’s working class would fare better in a social democracy. A review of Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System by Barry Eichengreen (and more). The Competition Myth: It’s a misdiagnosis to say that America’s economic problem is a lack of competitiveness. Tyler Cowen announces his new "kindle single" The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better. A book salon on All The Devils Are Here: The Hidden History of the Financial Crisis by Bethany McLean and Joe Nocera. Robert Shiller argues that rising inequality in the US was a major cause of the recent crisis, and little is being done to address it — he chooses books that give insight into human nature. What industrial safety can teach us about preventing financial meltdowns. From Democracy, two historians trace our economic mess and growing inequality to that dismal decade — the 1970s. Dean Baker on the tidal wave of nonsense on demography. Why do people who work in finance earn so much more than the rest of us?
