Growth, Accumulation, and Unproductive Activity: An Analysis of the Postwar US Economy by Edward N. Wolff

Growth, Accumulation, and Unproductive Activity: An Analysis of the Postwar US Economy



Download Growth, Accumulation, and Unproductive Activity: An Analysis of the Postwar US Economy




Growth, Accumulation, and Unproductive Activity: An Analysis of the Postwar US Economy Edward N. Wolff
Language: English
Page: 216
Format: pdf
ISBN: 0521251516, 9780521251518
Publisher:

Review

"Edward Wolff has provided us with an analytical framework which richly describes general social productive and unproductive activity and their consequences for the postwar U.S. economy...Overall, this volume should prove to be a valuable resource to economists pursuing empirical analysis of value categories." Alexander M. Thompson III, Science and Society

Book Description

Reveals that the high level of unproductivity in the U.S. economy since World War II has been a significant factor in the slowdown of growth in the rate of capital accumulation, productivity growth, and the overall growth rate. Attributes the negative tendency to the gradual but persistent shift of resources to unproductive activities.

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