
The Growth Deficit
James Piereson(Author)
Encounter Books,USA (Publisher)
Published on 15. December 2022
Book
Paperback/Softback
48 pages
978-1-64177-334-8 (ISBN)
Description
During the 1980s and 1990s, European economies went through a period of slowing economic growth and high unemployment, what some economists described as "secular decline." On the other side of the Atlantic, the United States enjoyed a robust recovery during those years by reducing taxes, eliminating regulations on business, and tightening monetary policy.
Now, after two decades of subpar growth, the question is whether or not the American economy has entered into its own era of secular decline.
This Broadside examines this troubling development, recognizing that there are no easy solutions to the problem. Lacking workable solutions, Americans will have to adjust to a future of slow economic growth, with all that implies for inter-generational progress, American strength abroad and political conflict at home.
Now, after two decades of subpar growth, the question is whether or not the American economy has entered into its own era of secular decline.
This Broadside examines this troubling development, recognizing that there are no easy solutions to the problem. Lacking workable solutions, Americans will have to adjust to a future of slow economic growth, with all that implies for inter-generational progress, American strength abroad and political conflict at home.
More details
Series
Language
English
Place of publication
New York
United States
Target group
Interest Age: From 18 years
Product notice
Paperback (trade)
Illustrations
Illustrations
Dimensions
Height: 173 mm
Width: 117 mm
Thickness: 5 mm
Weight
45 gr
ISBN-13
978-1-64177-334-8 (9781641773348)
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Schweitzer Classification
Person
James Piereson is a senior fellow at the Manhattan Institute where he writes about politics, economics, higher education, and philanthropy. He is the author, most recently, of Shattered Consensus: The Rise and Decline of America's Postwar Political Order (Encounter Books, 2015).