Understanding American Economic Decline

By: Michael A. Bernstein (Editor), David E. Adler (Editor), Bernstein Michael a. (Editor)

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Paperback | 14 November 1994

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428 Pages

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22.86 x 15.24 x 2.41

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The public has long been painfully aware of the economy's stagnation. The contemporary recession has brought to the foreground problems which have been germinating for decades. Falling real wages, slow productivity growth, and the loss of international competitiveness in major industries all are outgrowths of long-term developments that predate this crisis. As the United States moves from a position of global economic leadership to one of economic interdependence, we need alternative approaches to explain the dramatic changes in the US economy. This collection of essays, written by leading scholars, presents a systematic analysis of the nation's economic woes. The authors furnish more than hard-hitting criticisms of the US economy. They provide hope as they offer solutions to America's most pressing economic problems.

Industry Reviews

"This book of essays by leading scholars, principally economists, provides a splendid summary of the root causes of the late-twentieth-century economic decline of the United States." Stuart Bruchey, The Journal of American History "...the authors raise questions that are timely as a backdrop to the current debate over President Clinton's economic policy." The Washington Monthly

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Non-Fiction Earth Sciences, Geography, Environment, Planning Geography Human Geography Economic Geography Economics Political Economy Economic History Macroeconomics History Regional & National History History of the Americas

Foreword: writing about the economic future Robert L. Heilbroner
Preface
Acknowledgements
Historical Perspectives
Understanding American economic decline: the contours of the late-twentieth-century experience
Chickens home to roost: from prosperity to stagnation in the postwar US economy
Institutional and Structural Perspectives
Creating and extracting value: corporate investment behaviour and American economic performance
Financial institutions and contemporary economic performance
Industries, trade and wages
A comparative analysis of the sources of America's relative economic declinevJeffrey A. Hart
Policy Perspectives
Right-wing economics in the 1980s: the anatomy of failure
The new economic stagnation and the contradictions of economic policy making
Social and Cultural Perspectives
The changing contours of discrimination: race, gender and structural economic change
Troubled times: the cultural dimensions of economic decline
Conclusion
American economics and the American economy in the American century: doctrinal legacies and contemporary policy problems
List of contributors
Index
Table of Contents provided by Publisher. All Rights Reserved.

Understanding American Economic Decline

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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