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Book Cover for: The Complacent Class: The Self-Defeating Quest for the American Dream, Tyler Cowen

The Complacent Class: The Self-Defeating Quest for the American Dream

Tyler Cowen

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NATIONAL BESTSELLER

A wide-ranging, against-the-grain argument about the state of American culture--the Washington Post and Wall Street Journal bestseller--now in paperback with new material

"Tyler Cowen's blog, Marginal Revolution, is the first thing I read every morning. And his brilliant new book, The Complacent Class, has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now." --Malcolm Gladwell

Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs.

The problem, according to legendary blogger, economist and best selling author Tyler Cowen, is that Americans today have broken from this tradition--we're working harder than ever to avoid change. We're moving residences less, marrying people more like ourselves and choosing our music and our mates based on algorithms that wall us off from anything that might be too new or too different. Match.com matches us in love. Spotify and Pandora match us in music. Facebook matches us to just about everything else.

Of course, this "matching culture" brings tremendous positives: music we like, partners who make us happy, neighbors who want the same things. We're more comfortable. But, according to Cowen, there are significant collateral downsides attending this comfort, among them heightened inequality and segregation and decreased incentives to innovate and create.

The Complacent Class
argues that this cannot go on forever. We are postponing change, due to our near-sightedness and extreme desire for comfort, but ultimately this will make change, when it comes, harder. The forces unleashed by the Great Stagnation will eventually lead to a major fiscal and budgetary crisis: impossibly expensive rentals for our most attractive cities, worsening of residential segregation, and a decline in our work ethic. The only way to avoid this difficult future is for Americans to force themselves out of their comfortable slumber--to embrace their restless tradition again.

Book Details

  • Publisher: Picador USA
  • Publish Date: Mar 6th, 2018
  • Pages: 272
  • Language: English
  • Edition: undefined - undefined
  • Dimensions: 8.20in - 5.50in - 0.80in - 0.50lb
  • EAN: 9781250153777
  • Categories: • Economic Conditions• Social Classes & Economic Disparity• Sociology - General

About the Author

Cowen, Tyler: - Tyler Cowen (Ph.D.) holds the Holbert C. Harris chair in economics at George Mason University. He is the author of Discover Your Inner Economist (2007), Create Your Own Economy (2009), the New York Times bestseller The Great Stagnation (2011), An Economist Get Lunch (2012), Average is Over (2013), and a number of academic books. He writes the most read economics blog worldwide, marginalrevolution.com. He has written regularly for The New York Times and contributes to a wide number of newspapers and periodicals.

More books by Tyler Cowen

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Book Cover for: Talent: How to Identify Energizers, Creatives, and Winners Around the World, Tyler Cowen
Book Cover for: Average Is Over: Powering America Beyond the Age of the Great Stagnation, Tyler Cowen
Book Cover for: An Economist Gets Lunch: New Rules for Everyday Foodies, Tyler Cowen
Book Cover for: Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist, Tyler Cowen
Book Cover for: In Praise of Commercial Culture, Tyler Cowen
Book Cover for: Good & Plenty: The Creative Successes of American Arts Funding, Tyler Cowen
Book Cover for: Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters, Tyler Cowen
Book Cover for: Modern Principles: Microeconomics, Tyler Cowen
Book Cover for: Modern Principles of Economics, Tyler Cowen
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Book Cover for: Modern Principles: Macroeconomics with Access Code, Tyler Cowen

Critics’ reviews

Praise for this book

"[The Complacent Class] provides an open invitation for the reader to think deeply." --Derek Thompson, The Atlantic

"'The Complacent Class' is refreshingly nonideological, filled with observations that will resonate with conservatives, liberals and libertarians. ... a useful corrective to the conventional wisdom that American ingenuity, sooner or later, will revive a low-growth economy." --The Wall Street Journal

"One of the most important reads of the new year." --National Review

"Tyler Cowen's blog, Marginal Revolution, is the first thing I read every morning. And his brilliant new book, The Complacent Class, has been on my nightstand after I devoured it in one sitting. I am at round-the-clock Cowen saturation right now."--Malcolm Gladwell

"Tyler Cowen is an international treasure. Endlessly inventive and uniquely wide-ranging, he has produced a novel account of what ails us: undue complacency. No one but Cowen would ask, 'Why Americans stopped rioting and instead legalized marijuana.' He admires risk-taking, and he likes restlessness, and he thinks the United States needs lots more of both. Don't be complacent: Read this book!"--Cass R. Sunstein, Harvard University, and author of #Republic: Divided Democracy in the Age of Social Media

"A book that will undoubtedly stir discussion"--Kirkus

Praise for The Great Stagnation:

"Cowen's book... will have a profound impact on the way people think about the last thirty years."--Ryan Avent, Economist.com

"Tyler Cowen may very well turn out to be this decade's Thomas Friedman."--Kelly Evans, The Wall Street Journal