Jacob Hacker is Director of the Institution for Social and Policy Studies and Stanley B. Resor Professor of Political Science at Yale. (September 2012)

IN THE REVIEW

What Krugman & Stiglitz Can Tell Us

The economist Paul Krugman

End This Depression Now!

by Paul Krugman


The Price of Inequality: How Today’s Divided Society Endangers Our Future

by Joseph E. Stiglitz
Five years after the onset of the financial crisis that badly damaged the US economy, the nation remains mired in chronic joblessness. Many millions have given up looking for work and no longer figure in the statistics. Long-term unemployment remains at levels unseen since the Great Depression. Young Americans are entering the worst job market in at least a half-century. We have all lost, and continue to lose, from the prolonged mass idleness of potentially productive workers.