A Note from Eastern Bank Foundation vii Preface: A Mainstream Economist Discovers His Blind Spots ix Introduction: Like Dives before Lazarus 1 Part I The Myth 13 1 Our National Economic Mythology 17 2 Public Belief in The Myth: A Survey of Polling Results 35 3 An Origin Story for The Myth: Roots in the Founding of the Republic 49 Part II The Facts 57 4 How Broken Are We? Low (and Unequal) Incomes 63 5 How Broken Are We? The Distribution of Wealth 79 6 Broken Work: The Prevalence and Characteristics of "Low-Quality" Jobs 93 7 The Rest of the Story: More Signs of Brokenness 101 Part III The Myth versus the Facts 113 8 Evidence against The Myth 117 9 This Is Not the Only Way: International Comparisons 131 Part IV Broken by Design: How We Have Chosen to Create and Sustain Our Broken System 137 10 The History of Systems That Have Been Shaped by The Myth 143 Part V The Wreckage 179 11 The Loss Looking Backward 183 12 The Loss Looking Forward 189 Part VI What Are You Prepared to Do? The Way Forward 197 13 Change the Narrative 201 14 How to Get There: A Program to Build Human and Financial Capital 209 15 The Other Half of the Battle: Implementation Matters 239 Conclusion: A Vision of Opportunity 247 Acknowledgments 249 Notes 255 Bibliography 295 Index 337
A Note from Eastern Bank Foundation vii Preface: A Mainstream Economist Discovers His Blind Spots ix Introduction: Like Dives before Lazarus 1 Part I The Myth 13 1 Our National Economic Mythology 17 2 Public Belief in The Myth: A Survey of Polling Results 35 3 An Origin Story for The Myth: Roots in the Founding of the Republic 49 Part II The Facts 57 4 How Broken Are We? Low (and Unequal) Incomes 63 5 How Broken Are We? The Distribution of Wealth 79 6 Broken Work: The Prevalence and Characteristics of "Low-Quality" Jobs 93 7 The Rest of the Story: More Signs of Brokenness 101 Part III The Myth versus the Facts 113 8 Evidence against The Myth 117 9 This Is Not the Only Way: International Comparisons 131 Part IV Broken by Design: How We Have Chosen to Create and Sustain Our Broken System 137 10 The History of Systems That Have Been Shaped by The Myth 143 Part V The Wreckage 179 11 The Loss Looking Backward 183 12 The Loss Looking Forward 189 Part VI What Are You Prepared to Do? The Way Forward 197 13 Change the Narrative 201 14 How to Get There: A Program to Build Human and Financial Capital 209 15 The Other Half of the Battle: Implementation Matters 239 Conclusion: A Vision of Opportunity 247 Acknowledgments 249 Notes 255 Bibliography 295 Index 337
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