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The Growth Deficit

(Paperback)


Publishing Details

Full Title:

The Growth Deficit

Contributors:

By (Author) James Piereson

ISBN:

9781641773348

Publisher:

Encounter Books,USA

Imprint:

Encounter Books,USA

Publication Date:

7th February 2023

Country:

United States

Classifications

Readership:

General

Fiction/Non-fiction:

Non Fiction

Dewey:

330.973

Physical Properties

Physical Format:

Paperback

Number of Pages:

48

Dimensions:

Width 123mm, Height 177mm, Spine 5mm

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.

Author Bio

JamesPieresonis a senior fellow at the Manhattan Institute where he writes about politics, economics, higher education, and philanthropy. He is the author, most recently, ofShattered Consensus: The Rise and Decline of America's Postwar Political Order(Encounter Books, 2015).

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