There are more rich people and more poor people in our country than ever before. That widening gap means dealing with one big, uncomfortable truth: the middle is growing thinner and thinner. Globally renowned economist Tyler Cowen explains how this happened: high earners are taking ever more advantage of computers and achieving ever-better results. Meanwhile, low earners who haven't committed to learning the new technologies have poor prospects. Nearly...

"In How the West Was Lost, the New York Times bestselling author Dambisa Moyo offers a bold account of the decline of the economic supremacy of the West. She examines how the West's flawed financial decisions and blinkered political and military choices have resulted in an economic and geopolitical seesaw that is now poised to tip in favor of the emerging world. As Western economies hover on the brink of recession, emerging economies post double-digit...

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Renowned economic forecaster Harry S. Dent, Jr., explains that by 2010 rising oil prices and peaking generational spending will lead to a more severe downtrend for the global economy and individual investors alike. He outlines the critical issues that will face us and offers long- and short-term tactics for weathering the storm.

"The economic chaos and turbulence we are now experiencing are merely the opening salvos in what will prove to be a long, disruptive period of adjustment for our world, our way of life, and our dreams and desires. Our choices now are to either evolve a new economic model that is compatible with limited physical resources, or to risk a catastrophic failure of our money, energy, and environment, and with it the basis for civilization as we know it today....

This paperback edition of The Coming Generational Storm has been revised and updated and includes a new foreword by the authors. In 2030, as 77 million baby boomers hobble into old age, walkers will outnumber strollers; there will be twice as many retirees as there are today but only 18 percent more workers. How will Social Security and Medicare function with fewer working taxpayers to support these programs? According to Laurence Kotlikoff and Scott...