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
- Democrats take aim at big agribusiness Financial Times, May 12, 2019
- The global race for 5G supremacy is not yet won Financial Times, April 21, 2019
- What Donald Trump gets right about the US economy Financial Times, April 14, 2019
- Big tech must pay for access to America’s ‘digital oil’ Financial Times, April 7, 2019
- It is time for a truly free market Financial Times, March 31, 2019
- National champions are not the way to compete with China Financial Times, March 24, 2019
- The Fed has exacerbated America’s new housing bubble Financial Times, March 17, 2019
- Do not let internal battles slow the fight against climate change Financial Times, March 10, 2019
- The allure of financial tricks is fading Financial Times, March 3, 2019
TV & Radio
- What will 2019 bring? GPS w/ Fareer Zakaria
- Foroohar on fallout of Turkish currency crisis GPS w/ Fareed Zakaria
- The economic consequences of Trump w/ the Center on Capitalism and Society
- 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)