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The Great Risk Shift
The New Economic Insecurity and the Decline of the American Dream
Book • 2006
In this fully revised and updated second edition, Jacob S. Hacker exposes the hidden story of growing economic insecurity in the United States.
He demonstrates how the safety net has been unraveling, shifting economic risk from government and business to American families.
The book covers risky jobs, families, retirement, and health care, and argues that this shift is driven by the 'Personal Responsibility Crusade' embraced by corporate leaders and conservative politicians.
Hacker blends powerful human stories, big-picture analysis, and compelling ideas for reform to address this harsh new world of economic insecurity.
He demonstrates how the safety net has been unraveling, shifting economic risk from government and business to American families.
The book covers risky jobs, families, retirement, and health care, and argues that this shift is driven by the 'Personal Responsibility Crusade' embraced by corporate leaders and conservative politicians.
Hacker blends powerful human stories, big-picture analysis, and compelling ideas for reform to address this harsh new world of economic insecurity.
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Mentioned by Arvid Lukauskas as an example of a book using synthetic narratives to capture lived experiences.

Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)
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Ezra Klein in the context of how our understanding of what constitutes evidence shapes our perception of reality.


A serious conversation about UFOs
Mentioned by Arvid Lukauskas as an example of a book using synthetic narratives to capture lived experiences.

Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)
Mentioned by Arvid Lukauskas as an example of a book using narrative to connect with the reader and highlight real social issues.

Arvid J. Lukauskas and Yumiko Shimabukuro, "Misery Beneath the Miracle in East Asia" (Cornell UP, 2024)