Profits of doom?
By: CRAFTS, Nicholas
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ArticlePublisher: Oxford, UK : Alden Press, November-December 2008New Left Review 54, p. 49-60Abstract: Can the economic history of the past three to four decades be accurately depicted as a long downturn? Contesting Robert Brenners account of them in his Economics of Global Turbulence, Nicholas Crafts argues that the Great Moderation is a better description of a period in which the United States came to enjoy a strong lead in productivity growth
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Can the economic history of the past three to four decades be accurately depicted as a long downturn? Contesting Robert Brenners account of them in his Economics of Global Turbulence, Nicholas Crafts argues that the Great Moderation is a better description of a period in which the United States came to enjoy a strong lead in productivity growth
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