Volume 37, Number 3 · March 1, 1990
Wake Up, America!
By James Fallows
Microcosm: The Quantum Revolution in Economics and Technology
by George Gilder
Simon and Schuster, 426 pp., $19.95
Fear of Falling: The Inner Life of the Middle Class
by Barbara Ehrenreich
Pantheon, 292 pp., $18.95
The End of the American Century
by Steven Schlossstein
Congdon and Weed, 537 pp., $22.95
Economists don't like to talk about the effects of culture or of ethics on economic development, since these are such subjective and imprecise matters. But most people, including economists off-duty, assume that there is a connection between the kinds of everyday behavior a society encourages and its stability and prosperity.
Review, 6823 words
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