Decline in Saving

In "Decline in Saving," acclaimed economist Barry Bosworth, a longtime Brookings Institution scholar and former presidential adviser, delves into the alarming trend of decreasing saving rates in the United States over the past 25 years. Published by Bloomsbury Publishing Plc in 2012, this insightful paperback spans 146 pages and offers a thorough analysis of the factors contributing to this decline. Bosworth explores the initial benign consequences of reduced savings and provides a compelling examination of the potential long-term impacts on the financial well-being of Americans. This book is essential for anyone interested in economic policy, saving and investment, and the future economic landscape of the United States. Discover the intricate dynamics of saving and its implications for personal and national prosperity with this thought-provoking read.