The Golden Age of Capitalism by Stephen A Marglin

The Golden Age of Capitalism by Stephen A Marglin

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Summary

This study seeks to understand the rise and fall of the "golden age" of monetarist capitalism enjoyed by Western countries from the end of World War II until the 1960s. Blending historical analysis with economic theory, it questions the basis of present policy-making and provides policy proposals.

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The Golden Age of Capitalism by Stephen A Marglin

For some twenty years after the Second World War, Keynesian economic policies in countries of the capitalist West were successful in generating rapid growth with high employment. This `golden age of capitalism' did not survive the economic traumas of the 1970s; nor has the more recent emphasis on monetarist policies and supply-side performance succeeded in regenerating comparable growth rates. Blending historical analysis with economic theory, this book seeks to understand the making and unmaking of this `golden age', questions the basis of much present policy-making, and suggests alternative directions for policy.
this is a helpful book, addressing a central question which should be of concern to all economists * British Review of Economic Issues *
first rate, commands attention, and deserves a very wide readership * Roger Middleton, University of Bristol, Economic History Review, Volume XLIV, No1 February 1991 *
The work has a refreshing breadth * Development Policy Review *
This is a notable book, overall, and one which should stay on as a handy reference for developments which occurred - between, and within OECD economies - till up to about 1987. The quality of the contributions, each one by authorities in the field, is uniformly high. The stress on political economy aspects, and the avoidance of `economism' is particularly refreshing. * Economic Times *
This volume is a welcome addition to the growing literature on the nature of capitalist development in the advanced economies since the second world war ... this volume is a useful starting point for anyone attempting to discover the parameters of the golden age of capitalism. * John Armitage, University of Northumbria at Newcastle, Review of Political Economy 6.2 *
Marglin, Stephen A.: - Stephen A. Marglin is the Walter Barker Professor of Economics at Harvard University. His books include The Dismal Science: How Thinking Like an Economist Undermines Community and Growth, Distribution, and Prices. He is a past Guggenheim Fellow and member of the Harvard Society of Fellows.
SKU Unavailable
ISBN 13 9780198287414
ISBN 10 0198287410
Title The Golden Age of Capitalism
Author Stephen A Marglin
Series Wider Studies In Development Economics
Condition Unavailable
Binding Type Paperback
Publisher Oxford University Press
Year published 1992-01-23
Number of pages 340
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.