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Understanding American Economic Decline - Michael A. Bernstein

Understanding American Economic Decline

By: Michael A. Bernstein (Editor), David E. Adler (Editor), Robert L. Heilbroner (Foreword by)

Paperback Published: 14th November 1994
ISBN: 9780521456791
Number Of Pages: 428

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The public has been painfully aware of the economy's stagnation for a long time. In this major new volume, leading thinkers in the social sciences directly confront the various economic difficulties facing the United States today. Underlying each essay is the premise that these problems can be understood only in a broad historical context--that such difficulties arise not from cyclical phenomena, but from structural distortions in the economy. These essays furnish more than hard-hitting criticisms of the various received economic wisdoms: they offer hope as they formulate new economic approaches and policies for the present and the future.

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

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.

ISBN: 9780521456791
ISBN-10: 0521456797
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 428
Published: 14th November 1994
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 22.68 x 15.24  x 2.69
Weight (kg): 0.59

Earn 96 Qantas Points
on this Book