Alan Reynolds on the Disappearing Middle Class
By David Henderson
At this link is a 22-minute talk that economist Alan Reynolds gave at Harvard in 1987. The other participants were John Kenneth Galbraith, Barry Bluestone, Lester Thurow, and Frank Levy.
There is so much content in this one short talk that it impossible to summarize without losing a lot of content. It’s also funny and you can see that many people in his audience seemed to enjoy it too.
The topic is “The Disappearing Middle Class.”
Notice at about the 5:30 point, Lester Thurow seems to enjoy one of Alan’s zingers.
Great pithy line at the 19:43 point to 19:55