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American Economic Development since 1945
 
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American Economic Development since 1945
Growth, Decline and Rejuvenation
 
 
Palgrave Macmillan
 
 
 
 
 
04 Dec 2002
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£70.00
|Hardback Out of Stock
  
9780333345337
||
 
 
04 Dec 2002
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£29.99
|Paperback Print on Demand
  
9780333345344
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DescriptionReviewsContentsAuthors

This clearly-written book provides an historical analysis of postwar economic development in the United States, helping the reader to understand the nation's current economic position. Samuel Rosenberg investigates three postwar phases: the creation of an institutional framework setting the stage for prosperity in the U.S. after World War II; the forces undermining this institutional framework and the resulting stagflation of the 1970s; and the recreation of a new institutional structure in the 1980s. Basic economic concepts are introduced and explained throughout and specific attention is paid to macroeconomic policy, industrial relations, the role of the U.S. in the world economy, social and labour policy, the structure of the labour force, and the distribution of income by race and gender.


Description

This clearly-written book provides an historical analysis of postwar economic development in the United States, helping the reader to understand the nation's current economic position. Samuel Rosenberg investigates three postwar phases: the creation of an institutional framework setting the stage for prosperity in the U.S. after World War II; the forces undermining this institutional framework and the resulting stagflation of the 1970s; and the recreation of a new institutional structure in the 1980s. Basic economic concepts are introduced and explained throughout and specific attention is paid to macroeconomic policy, industrial relations, the role of the U.S. in the world economy, social and labour policy, the structure of the labour force, and the distribution of income by race and gender.


Reviews

'This clear, well-organized work belongs in any library. Summing up: Highly recommended.' - M Perelman, Choice

'...an outstanding summary statement of more than fifty-five years of American economic history and policy.' - Michael Meeropol, Challenge

'Interesting, thought-provoking reading.' - Louis P Cain, EH-Net

'Rosenberg has produced a valuable volume for anybody who wants an overview of the postwar US economy. It would be useful as a textbook for college-level courses on US history, for people interested in materials for noncurricular political economy education seminars, as well as for the interested general reader.' - Michael Perelman, Review of Radical Political Economics

'...among the best introductory surveys of modern US economic history.' - Iwan Morgan, The Economic History Review


Contents

Editors' Preface
Preface
PART I: INTRODUCTION
Introduction
Economic Mobilization for Survival, 1940-1960
PART II: THE MAKING OF AN INSTITUTIONAL FRAMEWORK, 1945-1960
Macroeconomic Policy, Economic Instability and Economic Growth
Business-Labor Relations: Conflict Amidst Stability
From Dollar Shortage to Dollar Glut
PART III: STRAINS DEVELOPING WITHIN THE INSTITUTIONAL FRAMEWORK, 1960-1971
From Guideposts to Controls: The Rise and Fall of Keynesian Demand Management
Standoff at the Workplace
The Persistence of Inequality and the Limits of Liberal Policy
The Dollar: No Longer as Good as Gold
PART IV: THE UNMAKING OF AN INSTITUTIONAL FRAMEWORK AND THE RECREATION OF ANOTHER, 1971-2000
Stagflation, 1971-1980
The Economic and Political Stalemate, 1971-1980
Restructuring the Economy: The Market-Based Conservative Strategy, 1981-1992
Toward the 21st Century: A Reinvigorated Economy, 1993-2000
Bibliography
Index


Authors

SAMUEL ROSENBERG is Professor of Economics and Director of the Honors Program at Roosevelt University, Chicago.