From the ground up

by Case, John

Every day our economy grows more and more unlike the one we used to know. Twenty years ago, best-selling economist John Kenneth Galbraith predicted that America's giant corporations would dominate world markets through integration and long-term planning. But the Fortune 500 took a beating and became the prime targets for the headlines of the 1980s: bailout, divestiture, takeover, and collapse. John Case, author of Understanding Inflation, looks beyond the headlines and the economic theories and shows there is an important and encouraging transformation taking place. The Fortune 500 employed 3.5 million fewer workers in 1990 than in 1980, but new companies--smaller, more maneuverable, and definitely entrepreneurial--have emerged and are growing. The center of gravity in the American economy is shifting. In the least and most likely places, John Case discovers the real people and real businesses that are setting a bold course for our economic future: innovators exploring the niches the b