Gives detailed statistics on American consumer expenditures from 1980-1981 diary survey.

"Since the financial meltdown of 2008, economists, journalists, and politicians have uniformly insisted that to restore the American Dream and renew economic growth, we need to save more and spend less. In his provocative new book, historian James Livingston-author of the classic Origins of the Federal Reserve System-breaks from the consensus to argue that underconsumption caused the current crisis and will prolong it. By viewing the Great Recession...

Based on data collected by the Bureau of Labor Statistics' 2013 Consumer Expenditure Survey, this report presents a broad overview of household spending in the year 2013, and a comparison of spending trends before (2000 to 2006) and after (2006 to 2013) the Great Recession. This reference is designed to give researchers insights into consumer spending trends and patterns and how the patterns differ by demographic characteristics.

"For the past several decades, politicians and economists have thought that high levels of inequality were good for the economy. But an economy that works only for the rich simply doesn't work. Because the middle class is so weak, America's economy now suffers from the kinds of problems that plague less-developed countries. Privileged elites more frequently secure special treatment from a government that wastes money and stifles competition. Children's...

"From the Nobel Prize-winning economist and New York Times-bestselling coauthor of Deaths of Despair and the Future of Capitalism, candid reflections on the economist's craft. When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America's strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses...