An Extraordinary Time

An Extraordinary Time

The End of the Postwar Boom and the Return of the Ordinary Economy

Book - 2016
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The acclaimed economic historian recounts the global collapse of the postwar economy in the 1970s, posing counterintuitive arguments that slow economic growth is the norm and that boom periods are anomalies.
Publisher: New York : Basic Books, [2016]
ISBN: 9780465061983
0465061982
Branch Call Number: 330.9 L578
Characteristics: vii, 326 pages ; 25 cm

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pm221
Feb 01, 2018

An interesting exposition of the fact that politicians cannot solve economic problems, but can certainly make them worse. Post war reconstruction powered western economies through 1973, then the wind went out of the sails and the various economies have all floundered since. A great background for some of today’s most recalcitrant problems - inequality, low productivity etc etc.

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