Capitalism in the twentieth century was marked by periods of
persistent bad performance alternating with episodes of good
performance. A lot of economic research ignores this phenomenon;
other work concentrates almost exclusively on developing technology
as its cause. This 2001 book draws upon Schumpeterian,
Institutional and Keynesian economics to investigate how far these
swings in performance can be explained as integral to capitalist
development. The authors consider the macroeconomic record of the
developed capitalist economies over the past 100 years (including
rates of growth, inflation and unemployment) as well as the
interaction of economic variables with the changing structural
features of the economy in the course of industrialization and
transformation. This approach allows for changes both in the
economic structure and in the economic variables to be generated
within the system. This study will be essential reading for
macroeconomists and economic historians.
General
| Imprint: |
Cambridge UniversityPress
|
| Country of origin: |
United Kingdom |
| Series: |
Modern Cambridge Economics Series |
| Release date: |
July 2007 |
| First published: |
2001 |
| Authors: |
John Cornwall
• Wendy Cornwall
|
| Dimensions: |
229 x 152 x 17mm (L x W x T) |
| Format: |
Paperback - Trade
|
| Pages: |
304 |
| ISBN-13: |
978-0-521-34942-0 |
| Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
| LSN: |
0-521-34942-7 |
| Barcode: |
9780521349420 |
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