Hardback : HK$1,100.00
"It is now beyond debate that rising inequality is not only leaving millions of Americans living on a sharp edge but also is threatening our democracy For activists and scholars alike who are struggling to create a more equitable society, this is an essential read."
-David Gergen
"A hard and pragmatic look at how America can ameliorate its inequality Deep, informed, and reeks of common sense. This book should be read by every presidential candidate and every lawmaker."
-Norman Ornstein, coauthor of One Nation After Trump
"Graetz and Shapiro wrestle with a fundamental question of our day: How do we address a system that makes too many Americans anxious that economic security is slipping out of reach? Their cogent call for sensible and achievable policies should be read by progressives and conservatives alike."
-Jacob J. Lew, former Secretary of the Treasury
We are in an age of crisis. That much we can agree on. But a crisis of what, exactly? And how do we get out of it?
In a follow up to their influential and much debated Death by a Thousand Cuts, Michael Graetz and Ian Shapiro focus on what really worries people: not what the rich are making or the government is taking from them but their own insecurity. Americans are worried about losing their jobs, their status, and the safety of their communities. They fear the wolf at the door. The solution is not protectionism or class warfare but better jobs, higher wages, greater protection for families suffering from unemployment, better health insurance, and higher quality childcare. And it turns out those goals are more achievable than you might think. The Wolf at the Door is one of those rare books that doesn't just diagnose our problems, it shows us how to address them.
"It is now beyond debate that rising inequality is not only leaving millions of Americans living on a sharp edge but also is threatening our democracy For activists and scholars alike who are struggling to create a more equitable society, this is an essential read."
-David Gergen
"A hard and pragmatic look at how America can ameliorate its inequality Deep, informed, and reeks of common sense. This book should be read by every presidential candidate and every lawmaker."
-Norman Ornstein, coauthor of One Nation After Trump
"Graetz and Shapiro wrestle with a fundamental question of our day: How do we address a system that makes too many Americans anxious that economic security is slipping out of reach? Their cogent call for sensible and achievable policies should be read by progressives and conservatives alike."
-Jacob J. Lew, former Secretary of the Treasury
We are in an age of crisis. That much we can agree on. But a crisis of what, exactly? And how do we get out of it?
In a follow up to their influential and much debated Death by a Thousand Cuts, Michael Graetz and Ian Shapiro focus on what really worries people: not what the rich are making or the government is taking from them but their own insecurity. Americans are worried about losing their jobs, their status, and the safety of their communities. They fear the wolf at the door. The solution is not protectionism or class warfare but better jobs, higher wages, greater protection for families suffering from unemployment, better health insurance, and higher quality childcare. And it turns out those goals are more achievable than you might think. The Wolf at the Door is one of those rare books that doesn't just diagnose our problems, it shows us how to address them.
Michael J. Graetz is a professor of law at Columbia University and professor emeritus at Yale Law School who has served in various posts in the Department of the Treasury. He is the author of several books on the politics and economics of public policy, including, with Ian Shapiro, Death by a Thousand Cuts: The Fight over Taxing Inherited Wealth. Ian Shapiro is Sterling Professor of Political Science at Yale University. His recent books include Politics against Domination and, with Frances Rosenbluth, Responsible Parties: Saving Democracy from Itself.
Graetz and Shapiro wrestle with a fundamental question of our day:
How do we address a system that makes too many Americans anxious
that economic security is slipping out of reach? Their cogent call
for sensible and achievable policies offers a pathway back to
functional governance and should be read by progressives and
conservatives alike.
*Jacob J. Lew, former Secretary of the Treasury*
In The Wolf at the Door, Michael Graetz and Ian Shapiro trace
masterfully the sources of insecurity increasingly haunting
millions of Americans. Not content to tell the tale or just focus
on politicians’ desire to exploit that insecurity, they consider
important policy ideas to reward work and bolster individuals’
ability to cope with economic shifts beyond their control. The
thesis of the book and its recommendations are a must-read for any
serious observer of what is happening to the American economy and
body politic today.
*Glenn Hubbard, Columbia Business School, former chairman of the US
Council of Economic Advisers*
Smart, interesting, and important, The Wolf at the Door tackles the
topic of policy and political responses to economic insecurity and
political dysfunction with concrete recommendations and evidentiary
backing. Graetz and Shapiro write with vigor and clarity, telling
readers directly what policies and politics are empirically
supportable, feasible, and normatively desirable, and what are
not.
*Jennifer Hochschild, Harvard University*
Two books in one! A concise, trenchant, and very readable history
of how economic insecurity produced today’s American populism—and a
thoughtful, politically realistic, economically sound set of
remedies for those who know both Donald Trump and Bernie Sanders
are onto something, but who also know their answers to American
economic insecurity won’t succeed.
*David Wessel, The Brookings Institution*
Michael Graetz and Ian Shapiro take a hard and pragmatic look at
how America can ameliorate its inequality, focusing especially on
‘bottom-up’ approaches. Their work is deep, informed, and reeks of
common sense. This book should be read by every presidential
candidate and every lawmaker.
*Norman Ornstein, coauthor of One Nation After Trump*
It is now beyond debate that rising inequality is not only leaving
millions of Americans living on a sharp edge but also is
threatening our democracy. Michael Graetz and Ian Shapiro provide a
fresh, insightful look at how we got here and, more to the point,
how we might work our way out. For activists and scholars alike who
are struggling to create a more equitable society, this is an
essential read.
*David Gergen, Professor at Harvard Kennedy School and adviser to
four US presidents*
This is a terrific book, original, erudite, and superbly
well-informed, and full of new wisdom about what might and what
might not help the majority of Americans who have not shared in our
growing prosperity, but are left facing the wolf at the door.
Graetz and Shapiro use coalition building as their organizing
principle, explaining the coalitions behind previous policy
successes, and suggesting what sort of new coalitions could get us
out of the current mess. They have a brilliantly startling
suggestion for Medicare for all, by extending it first, not to the
near old, but to the young. They make a powerful case for a value
added tax, and against the idea that the wolf can be seen off only
by taxing the rich. Everyone interested in public policy should
read this book.
*Angus Deaton, Princeton University and the University of Southern
California*
[An] eye-opener for anyone interested in tracing the origins of
economic insecurity in the U.S.
*Women’s Wear Daily*
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