The Setting of the Decline

Michael Perelman

Chapter 1 in The Pathology of the U.S. Economy, 1996, pp 1-29 from Palgrave Macmillan

Abstract: Abstract This book tells the story of the deterioration of the U.S. economy. In this work, I contend that the difficulties that the U.S. economy faces today reflect long-term problems that have been festering for many decades. We cannot remedy these ills by short-term policy adjustments.

Keywords: Business Cycle; Market Economy; Real Wage; Great Depression; Competitive Pressure (search for similar items in EconPapers)
Date: 1996
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Chapter: The Setting of the Decline (1993)
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DOI: 10.1007/978-1-349-24329-7_1

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