Declining Profitability and the Evolution of the US Economy: A Classical Perspective

Author:   Ascension Mejorado ,  Manuel Roman
Publisher:   Taylor & Francis Ltd
ISBN:  

9781032538174


Pages:   300
Publication Date:   30 January 2025
Format:   Paperback
Availability:   In Print   Availability explained
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Declining Profitability and the Evolution of the US Economy: A Classical Perspective


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Author:   Ascension Mejorado ,  Manuel Roman
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.570kg
ISBN:  

9781032538174


ISBN 10:   1032538171
Pages:   300
Publication Date:   30 January 2025
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1. Introduction 2. Classical Economics: Growth and the Stationary State 3. Profitability and the Limits of Fordism 4. Productivity and Wages: The Scissors Effect 5. Production, Labor, and Income Trends 6. The Deindustrialization Quagmire 7. Falling Interest Rates, Banking, and Financial crises 8. Keynes and Secular Stagnation 9. The Neo-Keynesian Retreat 10. The Classical Advance: Schumpeter and Grossman 11. From Secular Stagnation to Stagflation

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Author Information

Ascension Mejorado is Clinical Professor and Economics Faculty Chair in the Liberal Studies program at New York University, USA. She is co-author with Manuel Roman of Profitability and the Great Recession: The Role of Accumulation Trends in the Financial Crisis (Routledge). Manuel Roman taught economics at New Jersey City University, USA, for over 25 years and is now retired. He is co-author with Ascension Mejorado of Profitability and the Great Recession: The Role of Accumulation Trends in the Financial Crisis (Routledge). He is the solo author of Heterodox Views of Finance and Cycles in the Spanish Economy and Growth and Stagnation of the Spanish Economy: the Long Wave, 1954-1993.

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