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"Abstract:AnnotationIf the financial crisis has taught us anything, it is that Americans save too little, spend too much, and borrow excessively. What can we learn from East Asian and European countries that have fostered enduring cultures of thrift over the past two centuries? "Beyond Our Means" tells for the first time how other nations aggressively encouraged their citizens to save by means of special savings institutions and savings campaigns. The U.S. government, meanwhile, promoted mass consumption and reliance on credit, culminating in the global financial meltdown. Many economists believe people save according to universally rational calculations, saving the most in their middle years as they plan for retirement, and saving the least in welfare states. In reality, Europeans save at high rates despite generous welfare programs and aging populations. Americans save little, despite weaker social safety nets and a younger population. Tracing the development of such behaviors across three continents from the nineteenth century to today, this book highlights the role of institutions and moral suasion in shaping habits of saving and spending. It shows how the encouragement of thrift was not a relic of indigenous traditions but a modern movement to confront rising consumption. Around the world, messages to save and spend wisely confronted citizens everywhere--in schools, magazines, and novels. At the same time, in America, businesses and government normalized practices of living beyond one's means. Transnational history at its most compelling, "Beyond Our Means" reveals why some nations save so much and others so little."

"Outsourcing America reveals how much outsourcing is taking place, what its impact is and will be, and what can be done about the loss of jobs. The book shows how outsourcing is part of the historical economic shifts toward globalism and free trade, and demonstrates the impact of outsourcing on individual lives and communities. The authors discuss policies that countries like India and China use to attract U.S. industries, and they offer frank recommendations that business and political leaders must consider in order to confront this snowballing crisis -- and bring more high-paying jobs back to the U.S."

"Boys are falling behind in school. The world has become more verbal; boys haven't. Even in their traditionally strong subjects of science and math, boys are hit at a young age with new educational approaches, stressing high-level reading and writing goals that they are developmentally unable to achieve. The gap between male and female achievement has reached the college level, where only 40 per cent of graduates next year will be male. This doesn't just mean fewer male doctors and lawyers, it also means fewer men in the careers that previously did not require post-high school degrees but do now. "Why Boys Fail" examines the roots and repercussions of this problem and spells out the educational, political, social and economic challenges we face as we work to end it."