The Golden Age of Capitalism: Reinterpreting the Postwar Experience (WIDER Studies in Development Economics)

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9780198287414: The Golden Age of Capitalism: Reinterpreting the Postwar Experience (WIDER Studies in Development Economics)

The period after World War Two, with its sustained growth and high employment rate, has been referred to as the "golden age" of capitalism. Blending historical analysis with economic theory, this work presents essays that scrutinize the institutions that fostered this growth and high employment as well as the forces which later undermined the effectiveness of these institutions in the 1960s and 70s. The authors discuss the evolution of the historical background, the macroeconomic structure, the international order, the systems of production, as well as the "rules of coordination." They use this to show that the golden age, like other historical epochs, must be understood as a series of interacting institutions--all operating in different areas, but sometimes interlocking with one another and crucial to an intelligent analysis of a critical period in the American experience. Contributors include A. Glyn, A. Hughes, A. Lipietz, A. Singh, G. Epstein, J. Schor, S. Marglin, A. Bhaduri, S. Bowles, R. Boyer, R. Rowthorn, and M. Aoki.

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About the Author:

Stephen A. Marglin and Juliet B. Schor are both at Harvard University.

Review:


"This interesting and important volume results from a fruitful superimposition of macroeconomics and institutional/historical lenses....[T]he book achieves a coherence of vision and analysis atypical of such volumes."--Journal of Economic Literature


"This collection of provocative essays...will be important to anyone seeking an alternative to a pure laissez-faire approach."--Choice


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Book Description Oxford University Press, United Kingdom, 1992. Paperback. Book Condition: New. Revised ed.. Language: English . Brand New Book ***** Print on Demand *****. For some twenty years after the Second World War, Keynesian economic policies in countries of the capitalist West were successful in generating rapid growth with high employment. This golden age of capitalism did not survive the economic traumas of the 1970s; nor has the more recent emphasis on monetarist policies and supply-side performance succeeded in regenerating comparable growth rates. Blending historical analysis with economic theory, this book seeks to understand the making and unmaking of this golden age , questions the basis of much present policy-making, and suggests alternative directions for policy. Bookseller Inventory # AAV9780198287414

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Book Description Oxford University Press, United Kingdom, 1992. Paperback. Book Condition: New. Revised ed.. Language: English . Brand New Book ***** Print on Demand *****.For some twenty years after the Second World War, Keynesian economic policies in countries of the capitalist West were successful in generating rapid growth with high employment. This golden age of capitalism did not survive the economic traumas of the 1970s; nor has the more recent emphasis on monetarist policies and supply-side performance succeeded in regenerating comparable growth rates. Blending historical analysis with economic theory, this book seeks to understand the making and unmaking of this golden age , questions the basis of much present policy-making, and suggests alternative directions for policy. Bookseller Inventory # AAV9780198287414

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Book Description OUP Oxford. Paperback. Book Condition: New. Paperback. 344 pages. Dimensions: 9.2in. x 5.9in. x 0.8in.The period after World War Two, with its sustained growth and high employment rate, has been referred to as the golden age of capitalism. Blending historical analysis with economic theory, this work presents essays that scrutinize the institutions that fostered this growth and high employment as well as the forces which later undermined the effectiveness of these institutions in the 1960s and 70s. The authors discuss the evolution of the historical background, the macroeconomic structure, the international order, the systems of production, as well as the rules of coordination. They use this to show that the golden age, like other historical epochs, must be understood as a series of interacting institutions--all operating in different areas, but sometimes interlocking with one another and crucial to an intelligent analysis of a critical period in the American experience. Contributors include A. Glyn, A. Hughes, A. Lipietz, A. Singh, G. Epstein, J. Schor, S. Marglin, A. Bhaduri, S. Bowles, R. Boyer, R. Rowthorn, and M. Aoki. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Bookseller Inventory # 9780198287414

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