Average is Over: Powering America Beyond the Age of the Great Stagnation

The Middle Class is Dead - An Economist Predicts the Future Tyler Cowen writes the terrific Marginal Revolution blog [], teaches economics at GMU, and in his spare time writes books. In "Average is Over" Cowen examines the trends of the last 30 years including the introduction of smart technology, polarization of high and low wag. "danger in front of us" according to Mikio Miyaki. Thomas Pikkety claims the gap between the poor and the rich widens further in his best known work of “Capital in the 21st Century.” Tyler Cowen sheds light on this issue from a different angle. In “Average Is Over” he asserts, due to advance of in. "Average is indeed average." according to Richard A.. Although the book has an interesting premise -- that the future will reward those who can interact with technology with earnings that far outpace those who can't -- its a one-trick pony. He paints a bleak picture for the 80-90% of the world's population who continue to f

Nearly every business sector relies less and less on manual labor, and this fact is forever changing the world of work and wages. The global labor market is changing radically thanks to growth at the high end and the low. In this eye-opening audiobook, renowned economist and best-selling author Tyler Cowen explains that phenomenon: High earners are taking ever more advantage of machine intelligence in data analysis and achieving ever-better results. With The Great Stagnation, Cowen explained why median wages stagnated over the last four decades; in Average is Over he reveals the essential nature of the new economy, identifies the best path forward for workers and entrepreneurs, and provides listeners with actionable advice to make the most of the new economic landscape. Still, the United States has more millionaires and b