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- catalog abstract ""Capitalism in the twentieth century has been marked by periods of persistent bad performance alternating with episodes of good performance. Much current economic research ignores this phenomenon; other work concentrates almost exclusively on developing technology as its cause. Cornwall and Cornwall draw upon Schumpeterian, institutional and Keynesian economics to investigate how far these swings in performance can be explained as integral to capitalist development. The authors consider the macroeconomic record of the developed capitalist economies over the past hundred years (including rates of growth, inflation and unemployment) as well as the interaction of economic variables with the changing structural features of the economy in the course of industrialization and transformation. This approach allows for changes both in the economic structure and in the economic variables to be generated within the system." "This approach will be essential reading for macroeconomists and economic historians."--Jacket.".
- catalog contributor b12238586.
- catalog contributor b12238587.
- catalog created "2001.".
- catalog date "2001".
- catalog date "2001.".
- catalog dateCopyrighted "2001.".
- catalog description ""Capitalism in the twentieth century has been marked by periods of persistent bad performance alternating with episodes of good performance. Much current economic research ignores this phenomenon; other work concentrates almost exclusively on developing technology as its cause. Cornwall and Cornwall draw upon Schumpeterian, institutional and Keynesian economics to investigate how far these swings in performance can be explained as integral to capitalist development.".
- catalog description "Foreword / David Colander -- pt. I. Framework. 1. Economic development and economic performance. 2. The stylized facts. 3. The neoclassical analysis of unemployment. 4. An extended Keynesian model. 5. Institutions and power. 6. Evolutionary and hysteretic processes. 7. Theories of capitalist development -- pt. II. Explaining the development record. 8. Understanding the Great Depression. 9. Foundations of the golden age. 10. The golden age. 11. Unemployment -- pt. III. Political control of the economy. 12. Unemployment and the distribution of power. 13. A neoliberal future?".
- catalog description "Includes bibliographical references (p. 270-281) and index.".
- catalog description "The authors consider the macroeconomic record of the developed capitalist economies over the past hundred years (including rates of growth, inflation and unemployment) as well as the interaction of economic variables with the changing structural features of the economy in the course of industrialization and transformation. This approach allows for changes both in the economic structure and in the economic variables to be generated within the system." "This approach will be essential reading for macroeconomists and economic historians."--Jacket.".
- catalog extent "xv, 286 p. :".
- catalog identifier "0521341493".
- catalog issued "2001".
- catalog issued "2001.".
- catalog language "eng".
- catalog publisher "Cambridge ; New York : Cambridge University Press,".
- catalog subject "330.12/2 21".
- catalog subject "Capitalism.".
- catalog subject "Economic development.".
- catalog subject "Economic history 20th century.".
- catalog subject "HC54 .C73 2001".
- catalog tableOfContents "Foreword / David Colander -- pt. I. Framework. 1. Economic development and economic performance. 2. The stylized facts. 3. The neoclassical analysis of unemployment. 4. An extended Keynesian model. 5. Institutions and power. 6. Evolutionary and hysteretic processes. 7. Theories of capitalist development -- pt. II. Explaining the development record. 8. Understanding the Great Depression. 9. Foundations of the golden age. 10. The golden age. 11. Unemployment -- pt. III. Political control of the economy. 12. Unemployment and the distribution of power. 13. A neoliberal future?".
- catalog title "Capitalist development in the twentieth century : an evolutionary-Keynesian analysis / John Cornwall and Wendy Cornwall.".
- catalog type "text".