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This note, a follow-up to the author's earlier "The Declining Economic Viability of the Single-Income Household: A Note on the Fortunes of the Middle Class" considers U.S. average and median hourly wages for nonsupervisory and production employees alongside the annual income data utilized in the...
Persistent link: https://www.econbiz.de/10014082189
The importance of U.S. military expenditure as an economic stimulus, particularly between the 1940s and the 1970s, is well-established in economic historiography, if often treated casually. This note offers a qualitative consideration of its global consequence by considering U.S. defense...
Persistent link: https://www.econbiz.de/10014084346
This working paper, for the sake of a fuller appreciation of the expectations of a unipolar world order in the twenty-first century and their implications, considers the trend of U.S. economic and world growth in the 1990s, and the expectations of its continuation for decades or longer, and...
Persistent link: https://www.econbiz.de/10013294498
This working paper extends the analysis of U.S. deindustrialization on the basis of Consumer Price Index-adjusted estimates of per capita value added in the U.S. manufacturing sector and its categories via the presentation and discussion of decade-by-decade averages in selected areas of value...
Persistent link: https://www.econbiz.de/10014242201