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The Wall and the Bridge : Fear and Opportunity in Disruption's Wake

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Title: The Wall and the Bridge : Fear and Opportunity in Disruption's Wake
Description: An informed argument for an economic policy based on bridges of preparation and adaptation rather than walls of protection and exclusion  “When technological change and globalization in recent decades brought frustration over the resulting losses to jobs and communities, there were no guardrails to get these workers back on track. As this compelling book shows, our nation is going to need bridges to help people get through the unavoidable transformations.”—Edmund Phelps, 2006 Nobel Laureate in Economics and author of Mass Flourishing Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls—of both the physical and economic kinds—to insulate communities and keep competition at bay. While recognizing the broad emotional appeal of walls, economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail. Taking Adam Smith's logic to Youngstown, Ohio, as a case study in economic disruption, Hubbard promotes the benefits of an open economy and creating bridges to support people in turbulent times so that they remain engaged and prepared to participate in, and reap the rewards of, a new economic landscape.
Authors: Glenn Hubbard
Resource Type: eBook.
Subjects: Free enterprise, Capitalism, Economics
Categories: POLITICAL SCIENCE / Public Policy / Economic Policy, BUSINESS & ECONOMICS / International / Economics & Trade, POLITICAL SCIENCE / International Relations / Trade & Tariffs
Database: eBook Collection (EBSCOhost)
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  Availability: 0
Header DbId: nlebk
DbLabel: eBook Collection (EBSCOhost)
An: 3105040
RelevancyScore: 1110
AccessLevel: 6
PubType: eBook
PubTypeId: ebook
PreciseRelevancyScore: 1109.74133300781
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  Data: The Wall and the Bridge : Fear and Opportunity in Disruption's Wake
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  Data: An informed argument for an economic policy based on bridges of preparation and adaptation rather than walls of protection and exclusion &nbsp“When technological change and globalization in recent decades brought frustration over the resulting losses to jobs and communities, there were no guardrails to get these workers back on track. As this compelling book shows, our nation is going to need bridges to help people get through the unavoidable transformations.”—Edmund Phelps, 2006 Nobel Laureate in Economics and author of Mass Flourishing Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls—of both the physical and economic kinds—to insulate communities and keep competition at bay. While recognizing the broad emotional appeal of walls, economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail. Taking Adam Smith's logic to Youngstown, Ohio, as a case study in economic disruption, Hubbard promotes the benefits of an open economy and creating bridges to support people in turbulent times so that they remain engaged and prepared to participate in, and reap the rewards of, a new economic landscape.
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RecordInfo BibRecord:
  BibEntity:
    Classifications:
      – Code: 330.122
        Scheme: ddc
        Type: prePub
    Languages:
      – Code: eng
        Text: English
    Subjects:
      – SubjectFull: Free enterprise
        Type: general
      – SubjectFull: Capitalism
        Type: general
      – SubjectFull: Economics
        Type: general
    Titles:
      – TitleFull: The Wall and the Bridge : Fear and Opportunity in Disruption's Wake
        Type: main
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          Name:
            NameFull: Glenn Hubbard
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            NameFull: Glenn Hubbard
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          Dates:
            – D: 01
              M: 01
              Type: published
              Y: 2022
            – D: 08
              M: 01
              Type: profile
              Y: 2022
          Identifiers:
            – Type: isbn-print
              Value: 9780300259087
            – Type: isbn-electronic
              Value: 9780300263046
          Titles:
            – TitleFull: The Wall and the Bridge : Fear and Opportunity in Disruption's Wake
              Type: main
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