In The War on Normal People, Yang imagines a different future--one in which having a job is distinct from the capacity to prosper and seek fulfillment. At this vision's core is Universal Basic Income, the concept of providing all citizens with a guaranteed income-and one that is rapidly gaining popularity among forward-thinking politicians and economists. Yang proposes that UBI is an essential step toward a new, more durable kind of economy, one he...

Examines the factors that influence whether a nation is rich or poor, explains the economic institutions that underlie economic success in the twenty-first century, and discusses China and its growth, America's future, and an effective way to help millions overcome poverty.

Financial meltdowns could leave whole nations destitute, ruin businesses, and cause major social and political upheavals. How likely is it that such a disastrous chain of events could really play out, and what are countries, companies, organizations, and individuals doing to prevent such a scenario? Readers will dive into the complex history of past financial meltdowns, such as the Great Depression and the global financial crisis of 2008, all illustrated...

Donald Trump promised the American people a transformative change in economic policy after eight years of stagnation under Obama. But he didn't adopt a conventional left or right economic agenda. His is a new economic populism that combines some conventional Republican ideas–tax cuts, deregulation, more power to the states–with more traditional Democratic issues such as trade protectionism and infrastructure spending. It also mixes in important...

A stunning inside look at how and why the foundations upon which China has built the world's second largest economy have started to crumble. Over the course of a decade reporting on the ground in China as a financial journalist, Dinny McMahon gradually concluded that the widely held belief in China's inevitable economic ascent is dangerously wrong. In this unprecedented deep dive, McMahon shows how, lurking behind the illusion of prosperity, China's...

Marco Rubio's parents came to the United States in 1956. The country they found was truly a land of opportunity, where hardworking people with grade school educations could afford a home, a car, and college for their kids. A country where maids and bartenders could raise doctors, lawyers, small-business owners, and maybe even a U.S. senator. That was the American Dream-our country's central promise to its people, if you work hard and play by the rules,...

One of TIME’s Best New Books to Read This Summer

“Brilliant—a keen, elegantly written, and scorching account of the American family today. Through vivid stories, sharp analysis and wit, Quart anatomizes the middle class’s fall while also offering solutions and hope.” 
   — Barbara Ehrenreich, author of Nickel and Dimed

Families today are

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We now enjoy the highest living standard in history yet spend more of our income on pointless luxury. Instead, we should tax more in order to invest much more in societal needs, which will in turn reinvigorate the economy and reduce economic inequality and environmental degradation.

After a meteoric rise, China's growth has come to a screeching halt. Salvatore Babones provides an up-to-date assessment of how China's economic problems are undermining its challenge to the Western-dominated world order. He tells how liberal individualism has become the leitmotif of American Tianxia.