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.
- Business Cycle
- Market Economy
- Real Wage
- Competitive Pressure
- Wage Structure
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© 1993 Michael Perelman
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Perelman, M. (1993). The Setting of the Decline. In: The Pathology of the U.S. Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22830-0_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22832-4
Online ISBN: 978-1-349-22830-0