The efficient market hypothesis, market fundamentalism, and the costs of the prevailing idea of what an economy is—The alternative and evolutionary vision: the market as garden—Trickle-down economics and the war on the middle class—Middle-out economics, and the way forward.


Robert Reich examines the aftermath of the economic meltdown arguing that there is a structural problem with an increasing concentration of income and wealth at the top, and a middle class that has had to go deeply into debt to maintain a decent standard of living. He argues that history shows that such a disparity leads to ever greater booms followed by ever deeper busts.