Further Reading

Economists overlook the negative consequences of “offshore outsourcing,” Blinder writes. He asserts the need to prepare for a radical transformation of the global economy.

In contemporary American political discourse, issues related to the scope, authority, and the cost of the federal government are perennially at the center of discussion. Any historical analysis of this topic points directly to the Great Depression, the "moment" to which most historians and economists connect the origins of the fiscal, monetary, and social policies that have characterized American government in the second half of the twentieth century. In the most comprehensive collection of essays available on these topics, The Defining Moment poses the question directly: to what extent, if any, was the Depression a watershed period in the history of the American economy?

The Central American Free Trade Agreement will worsen conditions for workers across the globe, this report concludes.