Download or read book Understanding American Economic Decline written by Michael Alan Bernstein and published by Cambridge University Press. This book was released on 1994-07-29 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays by leading scholars present a novel and systematic analysis of the economic difficulties confronting the United States.
Download or read book The Decline of the American Economy written by Clement C. Onyemelukwe and published by Tate Publishing & Enterprises. This book was released on 2015-10-20 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: I wrote this book to prove to Americans that no matter what their economists and politicians tell them, America is in serious economic decline. What makes the position troubling is that American conventional economics lack a scientific understanding of the structure of the US economy and therefore unable to proffer solutions to the country's growing problems. I have shown how US economic analysis know-how has instead over time degenerated more and more into finance with the unfortunate growing influence of the US Federal Reserve in the US economy. I have shown that in economic science, economic finance is a bubble. I also showed in consequence and unknown to many people how Wall Street constitutes the largest cause of the present structural imbalance and uncompetitivenes of the US economy. "The End of the American Empire" is not intended to be a book that specifically tells how to restore America's largely broken economy, but it is a warning on the country's growing impending collapse. The book is written in as simple everyday language as possible to enable ordinary Americans to understand the depth of the economic crisis and raise their voices to policymakers in Washington to act urgently.
Download or read book Failure by Design written by Josh Bivens and published by Cornell University Press. This book was released on 2011-02-15 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans.
Download or read book The Rise and Fall of American Growth written by Robert J. Gordon and published by Princeton University Press. This book was released on 2017-08-29 with total page 785 pages. Available in PDF, EPUB and Kindle. Book excerpt: How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
Download or read book The Decline of Latin American Economies written by Sebastian Edwards and published by University of Chicago Press. This book was released on 2009-02-15 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.
Download or read book Social Inequality Economic Decline and Plutocracy written by Dale L. Johnson and published by Springer. This book was released on 2017-02-14 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to further an understanding of present day America by exploring counter-hegemony to the rule of capital and offering guidelines for strategizing change proceeding from the dialectic of What Is and What Ought to Be. The author analyzes neoliberal global order and its political expressions through discussions of the dominance of finance capital in the late twentieth century, the triumph of ideology, the closing of avenues to reform, the problem of the captive state, and a sociological analysis of rule by “divide and conquer.” The book concludes with a look at the history of movement politics in culture, arts, economics, and politics. It resounds with a hope that challenges to hegemony can use many paths to change, of which the electoral path is but one of many fronts, in the long-term struggle for radical reform.
Download or read book The Decline of the American Economy written by Clement Onyemelukwe and published by Xlibris Corporation. This book was released on 2020-01-08 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Decline of the American Economy is intended to tell Americans that their country’s economy, which fed American power and buoyed up Western civilization in the past two hundred years, is declining. American leaders and politicians, however, refuse to admit that there is a problem. Part of the cause of the problem is politics. It is now a country in which we are seeing the ugly side of democracy where nothing gets done because of partisan politics of democracy. In my mind, however, the greater part of the problem is the failure of US economists to understand and diagnose the country’s basic economic problems. Conventional economics in the US and indeed the West is stale and unable to deal with a world that is getting more technologically complicated every day. For most conventional economists today, the American economy is all about finance: interest rates, inflation, Wall Street indexes, globalization, trade, economic indexes, financial reserves, etc. For those of them who still think analytically, production is made up of only labor and capital, omitting material, despite it being quite oblivious that one cannot produce anything without materials. They continue in the path of increasingly squeezing labor out of production in the name of productivity in order to reinforce the supremacy of finance. These are the basic errors of capitalism. There is the belief that the sum total of the rowdyism of private enterprise creates maximum economic growth and prosperity for all. In the context of capitalism, conventional economists equate capital invested in US dollars as the measure of US economic growth achieved through financial management.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book America s Great Depression written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2000 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The book remains canonical today because the debate is still very alive. This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England. After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.
Download or read book Decline of the American Economy written by Bertrand Bellon and published by Black Rose Books Ltd.. This book was released on 1988 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Decline of the American Economy written by Bertrand Bellon and published by Black Rose Books Ltd.. This book was released on 1988 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two prominent economists examine the decline of U.S. industry, covering the post-World War period to the Reagan era. "A convenient summary of a vast amount of research.... packed with facts and figures."--The Village Voice¶"Bellon and Niosi provide a better-argued, academic analysis."--Libertarian Labour Review
Download or read book The Decline and Crash of the American Economy written by Joel Kurtzman and published by W. W. Norton. This book was released on 1988-02-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Decline and Crash of the American Economy is a more serious book than any mere forecast could be, because it describes the actual process of deterioration that has been camouflaged by the euphoria of the Reagan years. It provides perspective both on the past and on the future. Joel Kurtzman's technique of weaving together economic and political developments into one fabric establishes him as a significant new figure in the ongoing economic debate." --Eliot Janeway
Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.
Download or read book American Economic Development Since 1945 Growth Decline And Rejuvenation written by Samuel Rosenberg and published by Springer Nature. This book was released on with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Exchange Value of the Dollar written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Trade, Investment, and Monetary Policy and published by . This book was released on 1984 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book Crash Proof 2 0 written by Peter D. Schiff and published by John Wiley & Sons. This book was released on 2011-11-08 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully updated follow-up to Peter Schiff's bestselling financial survival guide-Crash Proof, which described the economy as a house of cards on the verge of collapse, with over 80 pages of new material The economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the economy, but also helped his clients restructure their portfolios to reflect his outlook. What he sees today is a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; and a declining dollar. Crash Proof 2.0 picks up right where the first edition-a bestselling book that predicted the current market mayhem-left off. This timely guide takes into account the dramatic economic shifts that are reshaping the world and provides you with the insights and information to navigate the dangerous terrain. Throughout the book, Schiff explains the factors that will affect your future financial stability and offers a specific three step plan to battle the current economic downturn. Discusses the measures you can take to protect yourself-as well as profit-during these difficult times Offers an insightful examination of the structural weaknesses underlying the economic meltdown Outlines a plan that will allow you to preserve wealth and protect the purchasing power of your savings Filled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.
