Growing Prosperity: The Battle for Growth with Equity in the 21st Century
The sudden drop in America's productivity rate beginning in the early 1970s and the simultaneous increase in income inequality made a generation of American economists pessimistic about the nation's... This description may be from another edition of this product.
Format:Hardcover
Language:English
ISBN:0395822866
ISBN13:9780395822869
Release Date:January 1999
Publisher:Houghton Mifflin
Length:352 Pages
Weight:1.40 lbs.
Dimensions:1.1" x 6.3" x 9.2"
Customer Reviews
1 rating
Throwing light on technological long waves.
Published by Thriftbooks.com User , 24 years ago
Using historical data on the rate of increase of productivity, these authors build a convincing case that the United States is near the beginning of an economic boom based on information technlogy. They go well beyond most economists in explaining the nature of economic long waves (also called Kondratieff waves). They then explain in depth how current government economic policies are misdirected in terms of maximizing this pattern of economic growth.
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