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Economic Evolution and Structure: The Impact of Complexity on the U.S. Economic System, by Frederic L. Pryor
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Frederic L. Pryor uses the concept of structural complexity to show how changes in the population, the labor force, the structure of industry, the financial system, foreign and domestic trade, and the government sector are related to the same general trend in the U.S. economic system over the past forty years and in the coming twenty years. The author investigates the impact of these changes on the functioning of the system, exploring such matters as the long-term rising unemployment rate, the alleged increasing volatility of the economy, the altering degree of competition, and the evolving economic role of the government.
- Sales Rank: #8040583 in Books
- Brand: Brand: Cambridge University Press
- Published on: 1995-11-24
- Original language: English
- Number of items: 1
- Dimensions: 8.98" h x .94" w x 5.98" l, 1.23 pounds
- Binding: Paperback
- 416 pages
- Used Book in Good Condition
Review
"The book is a tour de force. Professor Pryor has generally traveled the less frequented roads in his choice of topics, and he has done so again. This book is not a textbook but a very impressive study of recent U.S. economic history. It is based on a great breadth and depth of scholarship....This brief summary of the book cannot begin to do justice to the rich array of theoretical, statistical, and institutional detail provided in this monograph. Anyone interested in the recent economic history of the United States and potential future changes in the U.S. economy and economic system will do well to consult this monograph." Egon Neuberger, Journal of Comparative Economics
"...this work in its substance is quite impressive analytically as are the charts and tables. Highly recommended..." Choice
"This book represents an intriguing attempt by the author to document how growing economic complexity has affected and will affect the United States economy....This is an ambitious work..." John Willoughby, Journal of Economic Interest
From the Back Cover
This discussion is aimed at those who wish to view the economy as a whole and who are concerned with problems of understanding an economy that is becoming increasingly complex along many different dimensions.
About the Author
Frederic L. Pryor received his Ph.D. in economics from Yale University. Although his primary base for more than 35 years has been Swarthmore College, Pennsylvania, he has also taught or carried out research at the University of Michigan, the University of California, the University of Indiana, Yale University, and several universities in Switzerland and France. His academic writings include 13 books in the field of economic systems and more than 120 articles in professional journals. As a consultant, Professor Pryor has held a variety of positions for the World Bank, the State of Pennsylvania, the Danish government, several departments of the US government, the Soros International Economic Advisory Group, the Hoover Institution, the Brookings Institution, and the Wissenschaftzentrum Berlin. At present he is a Senior Research Scholar at Swarthmore College. He also serves on the boards of several non-profit institutions.
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