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*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.
An economy that operates 24/7—as ours now does—imposes extraordinary burdens on workers. Two-fifths of all employed Americans work mostly during evenings, nights, weekends, or on rotating shifts outside the traditional 9-to-5 work day. The pervasiveness of nonstandard work schedules has become a significant social phenomenon, with important implications for the health and well-being of workers and their families. In Working in a 24/7 Economy, Harriet Presser looks at the effects of nonstandard work schedules on family functioning and shows how these schedules disrupt marriages and force families to cobble together complex child-care arrangements that should concern us all. The number of hours Americans work has received ample attention, but the issue of which hours—or days—Americans work has received much less scrutiny. Working in a 24/7 Economy provides a comprehensive overview of who works nonstandard schedules and why. Presser argues that the growth in women's employment, technological change, and other demographic changes over the past thirty years gave rise to the growing demand for late-shift and weekend employment in the service sector. She also demonstrates that most people who work these hours do so primarily because it is a job requirement, rather than a choice based on personal considerations. Presser shows that the consequences of working nonstandard schedules often differ for men and women since housework and child-rearing remain assigned primarily to women even when both spouses are employed. As with many other social problems, the burden of these schedules disproportionately affects the working poor, reflecting their lack of options in the workplace and adding to their disadvantage. Presser also documents how such work arrangements have created a new rhythm of daily life within many American families, including those with two earners and absent fathers. With spouses often not at home together in the evenings or nights, and parents often not at home with their children at such times, the relatively new concept of "home-time" has emerged as primary concern for families across the nation. Employing a wealth of empirical data, Working in a 24/7 Economy shows that nonstandard work schedules are both highly prevalent among American families and generate a level of complexity in family functioning that demands greater public attention. Presser makes a convincing case for expanded research and meaningful policy initiatives to address this growing social phenomenon.
The U.S. economy is wrapping up twenty-five years of some of the strongest, smoothest growth in its history-a performance so sweet economists have given it a name: "the Great Moderation." So why have so many of us, even those making hundreds of thousands of dollars, arrived at the new century with a gnawing sense that events are moving against our families and ourselves? The easy answer is that we're suffering a case of needless anxiety. But the easy answer is wrong. Drawing on interviews with hundreds of Americans and new statistics he developed, Peter Gosselin traces a quarter-century shift of economic risk from the broad shoulders of business and government to the backs of working people. It is a shift that has shaken the pillars of most families' lives-stable jobs, solid benefits, government protections. The change doesn't mean one can't prosper. But it does mean the benefits of growth come at greater peril and your financial fall will be steeper if you stumble. This threat to working Americans' security-and what to do about it-is a pressing concern to economists, policy-makers, and everyone who works for a living.
The American family has come a long way from the days of the idealized family portrayed in iconic television shows of the 1950s and 1960s. The four volumes of The Social History of the American Family explore the vital role of the family as the fundamental social unit across the span of American history. Experiences of family life shape so much of an individual’s development and identity, yet the patterns of family structure, family life, and family transition vary across time, space, and socioeconomic contexts. Both the definition of who or what counts as family and representations of the “ideal” family have changed over time to reflect changing mores, changing living standards and lifestyles, and increased levels of social heterogeneity. Available in both digital and print formats, this carefully balanced academic work chronicles the social, cultural, economic, and political aspects of American families from the colonial period to the present. Key themes include families and culture (including mass media), families and religion, families and the economy, families and social issues, families and social stratification and conflict, family structures (including marriage and divorce, gender roles, parenting and children, and mixed and non-modal family forms), and family law and policy. Features: Approximately 600 articles, richly illustrated with historical photographs and color photos in the digital edition, provide historical context for students. A collection of primary source documents demonstrate themes across time. The signed articles, with cross references and Further Readings, are accompanied by a Reader’s Guide, Chronology of American Families, Resource Guide, Glossary, and thorough index. The Social History of the American Family is an ideal reference for students and researchers who want to explore political and social debates about the importance of the family and its evolving constructions.
Drawing on the groundbreaking U.S. Financial Diaries project (http://www.usfinancialdiaries.org/), which follows the lives of 235 low- and middle-income families as they navigate through a year, the authors challenge popular assumptions about how Americans earn, spend, borrow, and save-- and they identify the true causes of distress and inequality for many working Americans.
This book explores family economic decision-making in the United States from the nineteenth century through present day, specifically looking at the relationship between family resource allocation decisions and government policy. It examines how families have responded to incentives and constraints established by diverse federal and state policies and laws, including the regulation of marriage and of female labor force participation, child labor and education policies—including segregation—social welfare programs, and more. The goal of this book is to present family economic decisions throughout US history in a way that contextualizes where the US economy and the families that drive it have been. It goes on to discuss the role public policies have played in that journey, where we need to go from here, and how public policies can help us get there. At a time when American families are more complex than ever before, this volume will educate readers on the often unrecognized role that government policies have on our family lives, and the uncelebrated role that family economic decision-making has on the future of the US economy.
This book analyzes the way families fared in the turbulent economy of the 1970s and 1980s, and a guess about the way today's younger families will manage the next few decades. According to Levy and Michel, each generation of workers is on its own "income track." Initially incomes are heavily influenced by the size of the age group, but later average incomes are influenced by growth in overall business productivity, changes in unemployment rates, average education levels and, for workers who do not go to college, the availability of manufacturing jobs. The authors estimated these relationships for past generations, and project income growth for baby-boom males who entered the labor force in the mid-1970s. They offer familiar remedies to spur productivity growth: raising average skill levels, and increasing personal savings. ISBN 0-87766-486-2: $31.50.