Disinherited: How Washington is Betraying America’s Young by Diana Furchtgott-Roth and Jared Meyer
America’s millennials face a crisis: the government has made it difficult for them to succeed. As they prepare to enter the workforce, young people face a plethora of policies designed to hold them back. Disinherited: How Washington is Betraying America’s Young tells the stories of several members of this disadvantaged generation, revealing the troubling picture of a nation that preys on its young. Authors Diana Furchtgott-Roth and Jared Meyer expose the problems that hold back today’s youth, such as crippling taxes for programs designed to benefit older Americans, a broken education system that leaves students with immense college debt, and labor-market regulations that make it difficult for millennials to enter the workforce. These systemic roadblocks stifle America’s potential for social and economic progress. Disinherited tells the hidden story of the crisis facing millennials today, while offering suggestions as to how to put an end to the government’s inhibitive policies. Saving the futures of young people, argue Furchtgott-Roth and Meyer, means saving the future of America.
Diana Furchtgott-Roth, former chief economist of the U.S. Department of Labor, is the director of Economics21 and senior fellow at the Manhattan Institute for Policy Research. She has served in the White House as chief of staff of the Council of Economic Advisers under President George W. Bush, as deputy executive secretary of the Domestic Policy Council under President George H.W. Bush, and as an economist on President Reagan’s Council of Economic Advisers. She is the author or co-author of five previously published books.
Jared Meyer is a fellow at the Manhattan Institute for Policy Research. His research interests include microeconomics theory and the economic effects of governmental regulations. He has appeared on multiple TV and radio shows, including NPR and the BBC. He is a regular contributor to Economics21, The Federalist, RealClearEnergy, and City Journal.
Praise for Disinherited:
“This is the book you absolutely need to read if you are a millennial or if you care about one! Arm yourself with the numbers Washington would rather you didn’t focus on.”
– The Honorable Elaine L. Chao, 24th U.S. Secretary of Labor (2001-2009)
“The Boomers inherited a world of possibility; they are about to bequeath a mountain of debt. But the future should belong to the young, and this book shows it’s not too late to change course.”
- Blake Masters, co-author with Peter Thiel of Zero to One, #1 New York Times Bestseller
“In so many ways, public policy is tilted against the young, yet the power is held by those much older. Furchgott-Roth and Meyer apply a keen eye and a great way with words to showing how in great detail this has got to change. If this book doesn’t make the younger generation mad, I don’t know what else will.”
- Robert Litan, non-resident senior fellow, The Brookings Institutions, author of Trillion Dollar Economists (2014)