The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth
Language: English
Published by ABC-CLIO, 1999
- Hardcover
- New

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Condition: New
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Seller Inventory # C9780275965310
- Title
- The Way It Worked and Why It Won't: Structural Change and the Slowdown of U.S. Economic Growth
- Author
- Gordon C. Bjork
- Publisher
- ABC-CLIO
- Publication year
- 1999
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 0275965317
- ISBN 13
- 9780275965310
- Item weight
- 922 grams
In addition, Bjork explains how productivity growth occurs within industries and the economy as a whole and how accounting conventions fail to account for growth in expanding sectors of the economy such as services and government. He quantifies the effects of structural change in slowing the rate of growth, and he demonstrates why taxes and transfer payments for the education of the young and the maintenance and health care of the retired population necessarily increase with economic growth and maturity. This is an important synthesis for professional economists and policy makers as well as students and the concerned public.
"Synopsis" may belong to another edition of this title.
About the Author
GORDON C. BJORK is Jonathon B. Lovelace Professor of Economics, Claremont McKenna College and the Peter F. Drucker School of Management, The Claremont Graduate School./e A former college president as well as consultant for various corporations and banking associations, Professor Bjork is the author of three earlier books on macroeconomic issues.
"About the title" may belong to another edition of this title.
THE SAINT BOOKSTORE
Southport, United Kingdom
AbeBooks seller since June 14, 2006
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