From the Publisher
The Great Recession is not done with us yet. While the most acute
part of the economic crisis is past, the recession''s most
significant impact on American life still lies in the future. The
personal, social, and cultural changes that result from severe
economic shocks build and manifest themselves only slowly. But
history shows us that, ultimately, shocks this severe profoundly
alter the character of society.
Don Peck's Pinched, a fascinating and harrowing
exploration of our dramatic economic climate, keenly observes how
the recession has changed the places we live, the work we do, and
even who we are-and details the transformations that are yet to
come. Every class and every generation will be affected:
newly minted college graduates, blue-collar men, affluent
professionals, exurban families, elite financiers, inner city
youth, middle-class retirees.
This was not an ordinary recession, and ordinary responses will not
fully end it. The crash has shifted the course of the
economy. In its aftermath, the middle class is shrinking
faster, wealth is becoming more concentrated, twenty-somethings are
sinking, and working-class families and communities are changing in
We sit today between two eras, buffeted, anxious, and uncertain of
the future. Through vivid reporting and lucid argument, Peck
helps us make sense of how our society has changed, and why so many
people are still struggling.
The answers to these questions reveal a new way forward for
America. The country has endured periods like this one
before, and has emerged all the stronger from them; adaptation and
reinvention have been perhaps the nation's best and most enduring
traits. The time is ripe for another such reinvention.
Pinched lays out the principles and public actions that
can help us pull it off.
About the Author
Don Peck is a Deputy Managing Editor at the Atlantic,
where he has worked as an editor for six years. He covers economics
and culture, among other subjects, and commissions many of the
magazine's feature stories.
Before he became a journalist, Mr. Peck was a principal at the
Advisory Board Company, a large strategic research firm and
management consultancy. He has a B.A. in government modified
with economics from Dartmouth College and a Masters of Public
Affairs with a focus on international development from the Woodrow
Wilson School at Princeton University. He lives with his wife
Meghan in Washington, DC.
About the Book
Based on an article Peck wrote for "The Atlantic, Pinched" uses a mix of history, news, reported vignettes, data, new academic findings, and cultural commentary to paint a devastating portrait of what American life will look like in the long aftermath of the Great Recession.
Published: August 9, 2011
Publisher: Crown Publishing Group
The following ISBNs are associated with this title:
ISBN - 10: 0307886522
ISBN - 13: 9780307886521