The Setting of the Decline



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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Copyright information

© Michael Perelman 1993

Authors and Affiliations

  1. 1.California State UniversityUSA

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