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Alan Reynolds on the Disappearing Middle Class

Summary:
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

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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

David Henderson
David Henderson is a British economist. He was the Head of the Economics and Statistics Department at the OECD in 1984–1992. Before that he worked as an academic economist in Britain, first at Oxford (Fellow of Lincoln College) and later at University College London (Professor of Economics, 1975–1983); as a British civil servant (first as an Economic Advisor in HM Treasury, and later as Chief Economist in the Ministry of Aviation); and as a staff member of the World Bank (1969–1975). In 1985 he gave the BBC Reith Lectures, which were published in the book Innocence and Design: The Influence of Economic Ideas on Policy (Blackwell, 1986).

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