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Understanding American Economic Decline

Understanding American Economic Decline

£27.99

Robert L. Heilbroner, David E. Adler, Michael A. Bernstein, David M. Gordon, William Lazonick, Jane Knodell, James K. Galbraith, Paulo Du Pin Calmon, Jeffrey A. Hart, Thomas E. Weisskopf, Samuel Bowles, Robert A. Blecker, M. V. Lee Badgett, Rhonda M. Williams, Katherine S. Newman
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  • Date Published: September 1994
  • availability: Available
  • format: Paperback
  • isbn: 9780521456791

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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.

    • Applies historical evidence for the poor performance of the American economy
    • Educated public will be interested in content
    • Wide readership potential in academic community - many of the contributors are well known throughout the social science world
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    Product details

    • Date Published: September 1994
    • format: Paperback
    • isbn: 9780521456791
    • length: 428 pages
    • dimensions: 229 x 152 x 24 mm
    • weight: 0.63kg
    • contains: 36 b/w illus. 22 tables
    • availability: Available
  • Table of Contents

    Foreword: writing about the economic future Robert L. Heilbroner
    Preface David E. Adler
    Acknowledgements
    Part I. Historical Perspectives:
    1. Understanding American economic decline: the contours of the late-twentieth-century experience Michael A. Bernstein
    2. Chickens home to roost: from prosperity to stagnation in the postwar US economy David M. Gordon
    Part II. Institutional and Structural Perspectives:
    3. Creating and extracting value: corporate investment behaviour and American economic performance William Lazonick
    4. Financial institutions and contemporary economic performance Jane Knodell
    5. Industries, trade and wages James K. Galbraith and Paulo Du Pin Calmon
    6. A comparative analysis of the sources of America's relative economic decline Jeffrey A. Hart
    Part III. Policy Perspectives:
    7. Right-wing economics in the 1980s: the anatomy of failure David M. Gordon, Thomas E. Weisskopf and Samuel Bowles
    8. The new economic stagnation and the contradictions of economic policy making Robert A. Blecker
    Part IV. Social and Cultural Perspectives:
    9. The changing contours of discrimination: race, gender and structural economic change M. V. Lee Badgett and Rhonda M. Williams
    10. Troubled times: the cultural dimensions of economic decline Katherine S. Newman
    Part V. Conclusion:
    11. American economics and the American economy in the American century: doctrinal legacies and contemporary policy problems Michael A. Bernstein
    List of contributors
    Index.

  • Editors

    Michael A. Bernstein, University of California, San Diego

    David E. Adler

    Foreword

    Robert Heilbroner

    Contributors

    Robert L. Heilbroner, David E. Adler, Michael A. Bernstein, David M. Gordon, William Lazonick, Jane Knodell, James K. Galbraith, Paulo Du Pin Calmon, Jeffrey A. Hart, Thomas E. Weisskopf, Samuel Bowles, Robert A. Blecker, M. V. Lee Badgett, Rhonda M. Williams, Katherine S. Newman

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