please tell me whence An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy by Marc Levinson txt ebay pdf direct link online
please tell me whence An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy by Marc LevinsonBook description
Book description
Very descriptive history of the end of the post-war boom in the 1970s. This is a period I read about a lot. It is a place of turns for the worse a point where things went terribly wrong. This period should get more attention than the 1960s or 1980s. It is a point of departure a watershed where things were going in a good direction to where things went in a bad direction. Prosperity faltered and the secure times of the previous three decades were called into question. Old Keynesian tweeks in economy didnt seem to be working. It was a decade of Oil Shocks, Stagflation and growing distrust of institutions. When things turned right later in the decade in response to these developments we went from the frying pan into the fire where weve been ever since. I like the description in the book but I dont share the authors prognosis that the postwar boom cant be revived or that Keynesian policy couldnt have retrieved our economy over the long haul but they lost their argument with the public and thereby we all lost.
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