A “provocative” (Kirkus Testimonials), timely, and topical work that examines what’s best for American business and what’s best for Americans-and so why those interests are misaligned.

In American Amnesia, bestselling political scientists Jacob S. Hacker and Paul Pierson track the economic and political background of america during the last century and show how a viable mixed economy has long been the prominent engine of America’s prosperity. We have mainly ignored this reliance, as many about American Amnesia: The way the Battle on Government Led Us to Forget What Produced America Rich political circles and corporate and business actors have come to mistakenly find government like a hindrance rather than the propeller it once was. “American Amnesia” is normally greater than a rhetorical phrase; elites have literally overlooked, or at least ignored to talk about, the essential function of public specialist in attaining big positive-sum bargains in advanced societies.

The combined economy was the most important social innovation of the twentieth century. It pass on a previously unimaginable level of wide prosperity. It enabled steep raises in education, wellness, longevity, and financial security. And yet, extraordinarily, it really is anathema to numerous current economic and political elites. Looking as of this record of extraordinary accomplishment, they recoil in horror. So that as the advocates of anti-government free market fundamentalist have gained power, they are hell-bent on scrapping the instrument of nearly a hundred years of unprecedented economic and social progress. In the American Amnesia, Hacker and Pierson clarify the full “tale of how government helped make America great, how the excitement for bashing federal government can be behind its current malaise, and what sort of go back to effective government is the answer the nation is looking for” (THE BRAND NEW York Instances).