Titlebook: The Pathology of the US Economy; The Costs of a Low-W Michael Perelman Book 1996 Palgrave Macmillan, a division of Macmillan Publishers Lim

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978-0-333-65023-3Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

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Book 1996s case by describing the decades-long unfolding of the current crisis in the US economy following the post-war boom. From the beginning, the boom contained the seeds of its own destruction. As the boom disintegrated, attempts to stabilize the economy made matters even worse. Efforts at profit maximi

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Book 1996zation reinforced the problems. For example, attacks on both labour and government reinforced the decline. This work warns against framing policies predicated upon either Keynesian or neo-classical theory since both suffer from an unwarranted belief that a market economy can avoid crisis with appropriate economic management.

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olicies predicated upon either Keynesian or neo-classical theory since both suffer from an unwarranted belief that a market economy can avoid crisis with appropriate economic management.978-0-333-65023-3978-1-349-24329-7

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