My book: Makers and Takers
“A well-told exploration of why our current economy is leaving too many behind.”
– The New York Times
“A masterly account of the disproportionate power that the financial sector exercises in the economy and the disastrous consequences this has for society as a whole.”
– Forbes.com
“Foroohar demystifies the decline in America’s economic prominence, showing that the competitive threats came not from the outside—migration or China—but from within our borders. She explains how finance has permeated every aspect of our economic and political life, and how those who caused the financial crisis wound up benefitting from it.”
—Joseph E. Stiglitz, Nobel laureate in economics
and former head of the Council of Economic Advisors
Economic inequality is at record highs. Wages are stagnant. AI and automation are replacing flesh-and-blood workers, and jobs in the coal mines are not coming back. On the back of these trends and others has risen a tide of populist fury, wholesale distrust in the establishment, and widespread belief that our economic system is rigged against the average American – the very forces that propelled Donald Trump to power. More here.
About the Author
Rana Foroohar is Global Business Columnist and an Associate Editor for the Financial Times. She is also CNN’s global economic analyst.
Prior to joining the FT and CNN, Foroohar was for six years the assistant managing editor in charge of business and economics at Time, as well as the magazine’s economic columnist. She also spent 13 years at Newsweek, as an economic and foreign affairs editor and a foreign correspondent covering Europe and the Middle East. more »
Articles
- ‘Patriotic capitalism’ Financial Times, October 14, 2018
- Dark clouds gather over the US housing market, Financial Times, October 7, 2018
- Revamp global trade to match our new reality Financial Times, September 30, 2018
- US trade hawks seize their chance to reset China relations Financial Times, September 23, 2018
- Banks jump onto the fintech bandwagon Financial Times, September 16, 2018
- Why the US Federal Reserve should care about finance Financial Times, September 9, 2018
- Amazon’s pricing tactic is a trap for buyers and sellers alike Financial Times, September 2, 2018
TV & Radio
- Is China’s model better than the US’s? GPS w/ Fareed Zakaria
- The Dangers of a Digital Democracy w/ Stephanie Sy for the Carnegie Council
- The Other Big Story at Davos GPS w/ Fareed Zakaria
- Trump’s Withdrawal from Paris Climate Accords (CNN)
- Confirmation Hurdles ahead for Rex Tillerson (CNN)
- Tillerson as Secretary of State Candidate: Pros and Cons (CNN)
- Mortgage Rates under Trump (CNN)
- The First One Hundred Days of ‘Trumponomics’ (WNYC)
- President-Elect Trump and the Markets (CNN)