The End of Affluence: The Causes and Consequences of America's Economic Dilemma

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Overview

Sure to spark controversy, this book, reminiscent of the bestsellers Politics of Rich and Poor and Day of Reckoning, tells the real truth about America's long term economic decline—what caused it, what it has done to Americans, and what Americans should do about it.

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More About This Book

Overview

Sure to spark controversy, this book, reminiscent of the bestsellers Politics of Rich and Poor and Day of Reckoning, tells the real truth about America's long term economic decline—what caused it, what it has done to Americans, and what Americans should do about it.

Read More Show Less

Product Details

  • ISBN-13: 9780375750335
  • Publisher: Random House Publishing Group
  • Publication date: 8/28/1998
  • Pages: 240
  • Product dimensions: 5.50 (w) x 8.50 (h) x 0.50 (d)

Meet the Author

An Emmy Award-winning economics reporter for NBC from 1985 to 1993, Jeffrey Madrick was finance editor of Business Week and a columnist for Money and is now editor of Challenge and a frequent contributor to The New York Review of Books. The End of Affluence was selected by The New York Times Book Review as a Notable Book of the Year.

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  • Anonymous

    Posted March 27, 2000

    Still Valid Information

    With a title like this, Madrick probably isn't selling too many books. However, the fundamental analysis is accurate. He gives some history and statistics of U.S. growth and how it was sustained until 1973. After 1973, he shows how GDP and productivity growth has fallen drastically. If you want to understand The New Economy, this is an excellent book. The only problem with his analysis is his Orthodox or Neoclassical economic foundations of 'savings.'

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