Discusses the main themes of Jeffrey Madrick’s book The End of Affluence.
The End of Affluence by Jeffrey Madrick addresses many of the important economic issues of our recent history. Madrick’s book centers on the decline of our economy, not growth. Instead of focusing on the rising affluence of American families, Madrick focuses on the end of the American economic growth machine. And instead of focusing on the problems that economic growth can help solve, the author writes about the problems that economic stagnation has generated. It is the purpose of this paper to present the major themes of Madrick’s book, The End of Affluence.