Understanding American economic decline

Abstract

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.

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