1st Edition

Technology Cycles and U.S. Economic Policy in the Early 21st Century

By Talcott Parsons, Nathan Edmonson Copyright 2012
184 Pages
by Routledge

192 Pages
by Routledge

184 Pages
by Routledge

The overarching theme of this volume is the cyclical nature of technological change, its impact on economic growth, and the limits of government intervention. Technological revolutions are infrequent; there were only three in all of the twentieth century. When they occur, their possibilities are often not immediately apparent. Technology revolutions induce capital investment, not just because they... Read more
Acknowledgments, Introduction, 1 A Long Technology Cycle: Outline, 2 Stage-Two Innovation and Technology Revolution, 3 Th e Course of Normal Technological Change: Where We Are in 2010, 4 On Recognizing the Technology Cycle, 5 Th e Long Technology Cycle: Recovery, 6 Th e Technology-based Cycle: Obsolescence, Unemployment, and Recycling, 7 Conclusions: Th e U.S. Economy in the Early Twenty-First Century, Bibliography, Index

Biography

Nathan Edmonson