Pinched: Book summary and reviews of Pinched by Don Peck

Pinched

How the Great Recession Has Narrowed Our Futures and What We Can Do About It

by Don Peck

Pinched by Don Peck X
Pinched by Don Peck
Buy This Book

About this book

Book Summary

The Great Recession is not done with us yet. While the most acute part of the economic crisis is past, the recession's most significant impact on American life still lies in the future. The personal, social, and cultural changes that result from severe economic shocks build and manifest themselves only slowly. But history shows us that, ultimately, shocks this severe profoundly alter the character of society.

Don Peck's Pinched, a fascinating and harrowing exploration of our dramatic economic climate, keenly observes how the recession has changed the places we live, the work we do, and even who we are - and details the transformations that are yet to come. Every class and every generation will be affected: newly minted college graduates, blue-collar men, affluent professionals, exurban families, elite financiers, inner city youth, middle-class retirees. In its aftermath, the middle class is shrinking faster, wealth is becoming more concentrated, twenty-somethings are sinking, and working-class families and communities are changing in unsavory ways.

Through vivid reporting and lucid argument, Peck helps us make sense of how our society has changed, and why so many people are still struggling. The answers to these questions reveal a new way forward for America. The country has endured periods like this one before, and has emerged all the stronger from them; adaptation and reinvention have been perhaps the nation's best and most enduring traits. The time is ripe for another such reinvention. Pinched lays out the principles and public actions that can help us pull it off.

Read a Sample

Click to the right or left of the sample to turn the page.
(If no book jacket appears in a few seconds, then we don't have an excerpt of this book or your browser is unable to display it)

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year
  • More about membership!

Reviews

Media Reviews

"While he assesses government efforts to ease the pain, he seems to aim mainly at providing a sobering portrait of where we are now and where we'll be in the foreseeable future. Important reading." - Library Journal

"Outstanding. Pinched has the potential to be a defining book about this era economically, how we should think about it, and what we should do about it. It does a better, clearer job of explaining this painful period than anything I've read recently. Don Peck puts together the pieces of today's puzzle - the gender effects, the generational effects, the political ramifications of a slowing economy - in a way that makes obvious sense, once he has pointed them out. This is a wonderfully helpful and clarifying book." - James Fallows, national correspondent for The Atlantic

"A gripping and sobering account of the true costs of the financial boom-bust cycle, full of sensible analysis and level-headed suggestions. Policymakers on both sides of the aisle will ignore this book at their peril. Read Pinched and run for office yourself." - Simon Johnson, Professor of Entrepreneurship at MIT Sloan School of Management, and co-author of 13 Bankers: The Wall Street Takeover and The Next Financial Meltdown

"Every era has its politico-economic text. Don Peck may well have written the one for the post financial crisis era. His concerns for what a weak economy will leave in its wake are proper and pressing. We would make wiser policy if every policymaker read this brilliant book." - Larry Summers, former US Secretary of the Treasury

"Pinched is a must read for anyone trying to understand not just the causes but the long-running consequences of the Great Recession. Don Peck shows how the economic crisis is reshuffling our economic and social order, and how devastating the effects of long-term joblessness and diminished expecations can be. He outlines a new, broader but more focused strategy that puts job creation and economic recovery at the center of the nation's agenda." - Richard Florida, author of The Great Reset and The Rise of the Creative Class

The information about Pinched shown above was first featured in "The BookBrowse Review" - BookBrowse's online-magazine that keeps our members abreast of notable and high-profile books publishing in the coming weeks. In most cases, the reviews are necessarily limited to those that were available to us ahead of publication. If you are the publisher or author of this book and feel that the reviews shown do not properly reflect the range of media opinion now available, please send us a message with the mainstream media reviews that you would like to see added.

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year
  • More about membership!

More Information

Before he became a journalist, Don Peck was a principal at the Advisory Board Company, a large strategic research firm and management consultancy. He has a B.A. in government modified with economics from Dartmouth College and a Masters of Public Affairs with a focus on international development from the Woodrow Wilson School at Princeton University. He is a Deputy Managing Editor at The Atlantic, and he lives with his wife Meghan in Washington, DC.

More Author Information

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year
  • More about membership!

More Recommendations

Readers Also Browsed . . .

more history, science & current affairs...

Membership Advantages
  • Reviews
  • "Beyond the Book" backstories
  • Free books to read and review (US only)
  • Find books by time period, setting & theme
  • Read-alike suggestions by book and author
  • Book club discussions
  • and much more!
  • Just $12 for 3 months or $39 for a year
  • More about membership!

Award Winners

  • Book Jacket: Butterfly Yellow
    Butterfly Yellow
    by Thanhha Lai, Daniel Suarez
    Voted 2019 Best Young Adult Award Winner by BookBrowse Subscribers

    As readers, many of us hope ...
  • Book Jacket: Olive, Again
    Olive, Again
    by Elizabeth Strout
    Voted 2019 Best Fiction Award Winner by BookBrowse Subscribers

    It's been a big year for literary ...
  • Book Jacket: Solitary
    Solitary
    by Albert Woodfox
    Voted 2019 Best Debut Author Award Winner by BookBrowse Subscribers

    According to statistics from ...
  • Book Jacket: Becoming
    Becoming
    by Michelle Obama
    Voted 2019 Best Nonfiction Award Winner by BookBrowse Subscribers

    BookBrowse hosted a Book Club ...

Book Club
Book Jacket
Evening in Paradise
by Lucia Berlin

"Berlin's new book is a marvel, filled with deeply touching stories about lives on the fringes."—NPR

About the book
Join the discussion!

Readers Recommend

  • Book Jacket

    Ordinary Girls
    by Jaquira Díaz

    Reminiscent of Tara Westover's Educate and Roxane Gay's Hunger--a memoir that reads as electrically as a novel.
    Reader Reviews

Win this book!
Win Butterfly Yellow

BUTTERFLY YELLOW

Winner of the BookBrowse Award for Best Young Adult Novel, and the overall highest rated book of the year!

Enter

Wordplay

The Big Holiday Wordplay

Enter Now

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.