Name: Average is Over
ISBN: 9780525953739

Tyler Cowen

A renowned economist describes the post-recession job market that is erasing the middle range, leaving only high-earning jobs that utilize machine intelligence and data analysis and low-earning jobs for those who aren't learning and adopting the new technologies.

Powering America Beyond the Age of the Great Stagnation

Average is Over

Robyn Smith

Brock

Shrini S

D VA

Average Is Over

Jared Connor

The groundbreaking follow-up to the New York Times bestseller The Great Stagnation The United States continues to mint more millionaires and billionaires than any country ever. Yet, since the great recession, three quarters of the jobs created here pay only marginally more than minimum wage. Why is there growth only at the top and the bottom? Renowned economist and bestselling author Tyler Cowen explains that high earners are taking ever more advantage of machine intelligence and achieving ever-better results. Meanwhile, nearly every business sector relies less and less on manual labor, and that means a steady, secure life somewhere in the middle—average—is over. In Average is Over, Cowen lays out how the new economy works and identifies what workers and entrepreneurs young and old must do to thrive in this radically new economic landscape.

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