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.
| ISBN: | 9781641773348 |
| Publication date: | 15th December 2022 |
| Author: | James Piereson |
| Publisher: | Encounter Books |
| Format: | Paperback |
| Pagination: | 48 pages |
| Series: | Encounter Broadsides |
| Genres: |
Economics, Finance, Business and Management Economics Behavioural economics |
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.
The Growth Deficit features in the following genres: Economics, Finance, Business and Management, Economics, Behavioural economics
Paperback. Not Available.
The Growth Deficit was written by James Piereson and published by Encounter Books
The Growth Deficit has 48 pages
Yes it is part of Encounter Broadsides series