"The U.S. economy today is confronted with the prospect of extended stagnation. This book explores why. Thomas I. Palley argues that the Great Recession and destruction of shared prosperity is due to flawed economic policy over the past thirty years. One flaw was the growth model adopted after...

Introduction to the economics of agriculture -- The economics of production -- The costs of production -- Profit maximization -- Optimal input selection -- Optimal output selection -- Consumer choices -- Supply and demand -- Markets -- The competitive firm -- Market power -- Agriculture and the...