Superstar Economy

We kick off this week’s edition of TPM Book Club with an excerpt from The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies by Erik Brynjolfsson and Andrew McAfee: “Only 4 percent of software developers in the burgeoning app economy have made over a million dollars. Three-quarters of them made less than $30,000. While a handful of writers, actors, or baseball players can become millionaires, many others struggle to make ends meet.”