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The Next Economy and America's Future

Robert Reich

Robert ReichRobert Bernard Reich is an American political economist, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997.
Reich is currently Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. He was formerly a professor at Harvard University's John F. Kennedy School of Government and professor of social and economic policy at the Heller School for Social Policy and Management of Brandeis University. He has also been a contributing editor of The New Republic, The American Prospect (also chairman and founding editor), Harvard Business Review, The Atlantic, New York Times, and The Wall Street Journal.

Reich is a political commentator on programs including Hardball with Chris Matthews, This Week with George Stephanopoulos, CNBC's Kudlow & Company, and APM's Marketplace. In 2008, Time Magazine named him one of the Ten Best Cabinet Members of the century, and The Wall Street Journal in 2008 placed him sixth on its list of the "Most Influential Business Thinkers.” He was appointed a member of President-elect Barack Obama's economic transition advisory board.

He has published 13 books, including the best-sellers, The Work of Nations, Reason, Supercapitalism, and, most recently, Aftershock: The Next Economy and America's Future. He is also chairman of Common Cause and writes his own blog about the political economy at robertreich.org.

Early life and career: Reich was born in Scranton, Pennsylvania and attended John Jay High School in Cross River, New York. He attended Dartmouth College, graduating with an A.B. summa cum laude in 1968 and winning a Rhodes Scholarship to study Philosophy, Politics, and Economics at Oxford University. Reich subsequently earned a J.D. from Yale Law School, where he was an editor of the Yale Law Journal. At Yale, he was a classmate with Bill Clinton, Hillary Clinton, and Richard Blumenthal.

From 1973 to 1974 he served as law clerk to Judge Frank M. Coffin, Chief Judge of the U.S. Court of Appeals for the First Circuit, and from 1974 to 1976 was Assistant to the U.S. Solicitor General, Robert Bork. In 1977, President Jimmy Carter appointed him Director of the Policy Planning Staff at the Federal Trade Commission.

From 1980 until 1992, Reich taught at the John F. Kennedy School of Government at Harvard University, where he wrote a series of influential books and articles, including The Next American Frontier and The Work of Nations. In The Next American Frontier he blamed the nation's lagging economic growth on "paper entrepreneurialism" -- financial and legal gamesmanship that drained the economy of resources needed for better products and services.

Bill Clinton incorporated Reich's thinking into his 1992 campaign platform, "Putting People First," and after being elected invited Reich to head his economic transition team. Reich later joined the administration as Secretary of Labor. During his tenure, he implemented the Family and Medical Leave Act (FMLA), successfully promoted increasing the minimum wage, successfully lobbied to pass the School-to-Work Jobs Act, and launched a number of job training programs. At the same time, he lobbied Clinton to address bigger societal issues, countered Robert Rubin and others in the administration who wanted Clinton to pare his investment agenda, and pushed for improvement of conditions for those in poverty.

In addition, Reich used the office as a platform for focusing the nation's attention on the need for American workers to adapt to the new economy. He advocated that the country provide more opportunities for workers to learn more technology, and predicted the shrinkage of the middle class due to a gap between unskilled and highly skilled workers.

After the Clinton administration: In 1996, between Clinton's re-election and second inauguration, Reich decided to leave the department to spend more time with his sons, then in their teen years. Reich became a professor at Brandeis University, teaching courses for undergraduates as well as in the Heller School for Social Policy and Management. In 2003, he was elected the Professor of the Year by the undergraduate student body.

In addition to his professorial role, he is a weekly contributor to the American Public Media public radio program Marketplace, and a regular columnist for the American Prospect, which he co-founded in 1990. He is also a frequent contributor to CNBC's Kudlow & Company and On the Money.

On January 1, 2006 Reich joined the faculty of UC Berkeley's Goldman School of Policy. Since then, he has taught a popular course called Wealth and Poverty.  In addition to his professorship, Reich is also a Member of the Board of Trustees for the Blum Center for Developing Economies at the University of California, Berkeley.  The Center is focused on finding solutions to address the crisis of extreme poverty and disease in the developing world.

 

Links to Review

http://www.answers.com/topic/robert-reich

http://robertreich.org/post/14932718385

http://www.youtube.com/watch?v=JTzMqm2TwgE

http://www.pbs.org/moyers/journal/06122009/profile.html

http://www.pbs.org/now/news/323.html

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Event date: April 17, 2013
Individual Price: $25.00
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