[PDF.67dr] The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth

The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth

[PDF.pk00] The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth

The Way It Worked  Gordon C. Bjork epub
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 | #4034014 in Books |  1999-09-30 | Original language:English | PDF # 1 |  9.21 x.67 x6.14l,1.00 | File type: PDF | 320 pages

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||4 of 6 people found the following review helpful.| Adam Smith for the 21st century|By a reader|Unlike most contemporary economists, Bjork does not present a theory and then attempt to find evidence that supports it. Rather he has examined and presented historical data which show the inevitability of economic slowdown all on thier own. His clear analysis is easy to read and comprehend. The implications of this book, both im| |"The introduction and Chapter 10 should be required reading for students of macroeconomics, perhaps coupled with more optimistic texts. Economists will want to read all the intervening chapters. The book thoroughly addresses a fundamentally important topic."-E

While the decline of U.S. economic growth has been widely recognized and debated by professional economists, no one has until now offered a comprehensive description and explanation. Professor Bjork does so, and he explains the growth slowdown as a natural consequence of economic maturity.

In addition, Bjork explains how productivity growth occurs within industries and the economy as a whole and how accounting conventions fail to account for growth in exp...

You can specify the type of files you want, for your gadget.The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth   |  Gordon C. Bjork. A good, fresh read, highly recommended.

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