The Growth Deficit by James Piereson

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The Growth Deficit by James Piereson

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. 

James Piereson is a senior fellow at the Manhattan Institute where he writes about politics, economics, higher education, and philanthropy. He is the author, most recently, of Shattered Consensus: The Rise and Decline of America's Postwar Political Order (Encounter Books, 2015).
SKU Unavailable
ISBN 13 9781641773348
ISBN 10 1641773340
Title The Growth Deficit
Author James Piereson
Series Encounter Broadsides
Condition Unavailable
Binding Type Paperback
Publisher Encounter Books,USA
Year published 2022-12-15
Number of pages 48
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.