David Gordon was a pioneer in the burgeoning field of institutional growth economics, introducing the concept of a ‘social structure of accumulation’, and richly illustrating its usefulness with both econometric and historical studies. Gordon also helped to develop the theory of segmented...

Then in his second semester at Eastern District High School, he gave up working in school altogether. "I don't really know why, and I don't want to rational ize about it, but it may have been that I had been systematically de-educated. With all the emphasis on discipline, all the fire gets...

This paper seeks to explain trends in United States corporate profitability since World War II through an analysis of the rise and subsequent demise of a postwar social structure of accumulation (SSA). Building from a formal model of the determinants of profitability, we provide econometric...