Restoring the American Dream

Photograph by Peter Hapak for TIME

Unemployment. The increasing divide between rich and poor. Decreasing social mobility. All of these are symptoms as well as causes of an economic landscape that is changing the planet in ways that are impossible to ignore. In our first annual Money issue, assistant managing editor Rana Foroohar describes this as a new age of volatility, while economist Jeffrey Sachs dissects the hollowing out of the American middle class. Our package makes it clear that the economic orthodoxies of neither the left nor the right have all the answers.

With these profound economic changes in mind, I want to announce that TIME,...

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