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The way it worked and why it won't : structural change and the slowdown of U.S. economic growth

Author: Gordon C Bjork
Publisher: Westport, Conn. : Praeger, 1999.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

A comprehensive description and explanation of the decline of economic growth in the USA. The author argues that this is a natural consequence of economic maturity, but also points out that  Read more...

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Additional Physical Format: Online version:
Bjork, Gordon C.
Way it worked and why it won't.
Westport, Conn. : Praeger, 1999
(OCoLC)655018021
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Gordon C Bjork
ISBN: 0275965325 9780275965327 0275965317 9780275965310
OCLC Number: 40444111
Description: xviii, 299 pages : illustrations ; 24 cm
Contents: Ch. 1. The Argument: The Way It Worked and Why It Won't --
Ch. 2. Explanation and Description of Economic Growth and Structural Change --
Ch. 3. The Quantitative Record of U.S. Economic Growth --
Ch. 4. Understanding the Measurement of Economic Activity --
Ch. 5. Structural Change and the Slowdown of Productivity Growth --
Ch. 6. Structural Change and the Participation Rate --
Ch. 7. Transfers to the Older Generation: Taxes and Saving --
Ch. 8. Transfers to the Younger Generation: Economic Growth and the Increasing Burden of Educational Costs --
Ch. 9. Explaining the Slowdown: Developing a Theory of the Mature Economy --
Ch. 10. Some Implications of the Slowdown in Economic Growth in the Mature Economy.
Responsibility: Gordon C. Bjork.

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"The introduction and Chapter 10 should be required reading for students of macroeconomics, perhaps coupled with more optimistic texts. Economists will want to read all the intervening chapters. The Read more...

 
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