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"The unemployment rate has neared record lows and the stock market neared record highs in 2019. Yet the gap between low- and moderate-income Americans and their wealthier counterparts is greater than ever. In 2019, founder and CEO of Promontory Financial Group Gene Ludwig gathered a bipartisan group of the nation's foremost economic thinkers - academics and politicians, CEOs and former presidential advisors - to break with convention and candidly discuss that widening gap. The Vanishing American Dream: A Frank Look at the Economic Realities Facing Middle- and Lower-Income Americans comes from their insights. Ordinary Americans are struggling along common lines and raising questions about our nation's future. Where should government invest? What role should the private sector play? And how did our American Dream begin to slip into myth? While they debate the solutions, these diverse men and women find one point in common: There's a prosperity problem in America. Combining expertise with optimism, The Vanishing American Dream invites readers to take a seat at the table and a bracing look at economic injustice"--
About the author
Gene Ludwig, 27th Comptroller of the Currency, is a business and civic leader and expert on banking, regulation, risk management, and fiscal policy. In 2019, he founded the Ludwig Institute for Shared Economic Prosperity (LISEP), a non-profit dedicated to improving the economic well-being of low- and middle-income Americans through research and education.
His writing has appeared in
The New York Times, The Wall Street Journal,
The Atlantic, Politico, the
Financial Times, and
TIME. He holds a master's degree from Oxford University and a J.D. from Yale University, where he was editor of the
Yale Law Journal and chairman of Yale Legislative Services. He is the author of
The Vanishing American Dream and
The Mismeasurement of America.
