About this item
For the past several decades, politicians and economists thought that high levels of inequality were good for the economy. But because America s middle class is now so weak, the US economy suffers from the kinds of problems that plague less-developed countries. As Hollowed Out explains, to have strong, sustainable growth, the economy needs to work for everyone and expand from the middle out. This new thinking has the potential to supplant trickle-down economicsthe theory that was so wrong about inequality and our economyand shape economic policymaking for generations.,
About the Author
David Madland is the Managing Director of the Economic Policy team at the Center for American Progress. He has written extensively about the economy and American politics on a range of topics including retirement policy, labor unions, and workplace standards such as the minimum wage. His current work focuses on the importance of the middle class to the economy and democracy, as well as policies to restore the strength of the middle class.
Madland has appeared frequently on television shows, including the PBS News Hour and CNN's Crossfire, been in cited in such publications as The New York Times, The Wall Street Journal, The Washington Post, and The New Yorker and been a guest on dozens of radio talk shows across the United States. He has testified before Congress on a number of occasions, as well as several state legislatures.
Madland has a doctorate in government from Georgetown University and received his bachelor of science from the University of California, Berkeley. His dissertation about the decline of the U.S. pension system was honored as the best dissertation of the year by the Labor and Employment Relations Association. Madland is the co-author of Interest Groups in Elections, a book about the role and influence of interest groups in American democracy and is the author of many academic articles. He has worked on economic policy for Rep. George Miller (D-CA) and has consulted for several labor unions.
