Items related to The Decline and Crash of the American Economy
Synopsis
A financial journalist traces the slow crash that has been destroying America's real wealth, exposes the fatal weakness of American industry, and proposes a strategy for restoring the nation's wealth-generating capacity
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From Publishers Weekly
Kurtzman, financial journalist for the New York Times, provides an intriguing but decidedly mixed bag of nostrums for what he sees as the failing American economy. He argues that the U.S. has been undergoing a slow economic decline since the eary 1970s. He believes that the much ballyhooed "information and service economy" is a ridiculous notion and blames much of our decline on the loss of high-paying manufacturing jobs to the Third World. He is an outspoken advocate of progress and excoriates the pessimism of the Club of Rome's The Limits to Growth report. His remedies for correcting our supposed decline range from Japanese and European-style economic planning to adopting the gold standard. His infatuation with European planning and subsidies causes him to ignore the fact that these policies have held European unemployment at around 10% for a decade. Nevertheless, Kurtzman's ideas are sure to spark debate.
Copyright 1988 Reed Business Information, Inc.
From Library Journal
This book by a New York Times journalist laments the loss of U.S. economic leadership by detailing the recent decline in our prosperity. A plan for reversing this trend calls for emulating Japan and for curbing our budget and trade deficits. The last chapter presents a brief series of investment tips. Although fairly comprehensive, the analysis and recommendations are not as insightful as Lester C. Thurow's The Zero-Sum Solution ( LJ 12/1/85), nor as controversial as Ravi Batra's The Great Depression of 1990 ( LJ 6/15/87). Recommended only for libraries wishing another basic explanation of the decline. Richard C. Schiming, Mankato State Univ., Minn.
Copyright 1988 Reed Business Information, Inc.
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- PublisherW. W. Norton & Company
- Publication date1988
- ISBN 10 0393025233
- ISBN 13 9780393025231
- BindingPaperback
- Edition number1
- Number of pages228
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The Decline and Crash of the American Economy
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W. W. Norton & Company, New York, 1988
ISBN 10: 0393025233
ISBN 13: 9780393025231
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