國立虎尾科技大學 |

The great economic slowdown = how narrowed technical progress brought static wages, sky-high wealth, and much discontent /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	The great economic slowdown/ by Edmund Phelps, Hian Teck Hoon, Gylfi Zoega.
其他題名:	how narrowed technical progress brought static wages, sky-high wealth, and much discontent /
作者:	Phelps, Edmund S.
其他作者:	Hoon, Hian Teck.
出版者:	Cham :Springer Nature Switzerland : : 2023.,
面頁冊數:	xxxi, 140 p. :ill., digital ; : 24 cm.;
Contained By:	Springer Nature eBook
標題:	Economic history - 21st century. -
電子資源:	https://doi.org/10.1007/978-3-031-31441-4
ISBN:	9783031314414

The great economic slowdown = how narrowed technical progress brought static wages, sky-high wealth, and much discontent /
Phelps, Edmund S.

The great economic slowdownhow narrowed technical progress brought static wages, sky-high wealth, and much discontent /[electronic resource] :by Edmund Phelps, Hian Teck Hoon, Gylfi Zoega. - Cham :Springer Nature Switzerland :2023. - xxxi, 140 p. :ill., digital ;24 cm.

1. Introduction -- 2. The slowdown and real interest rates -- 3. The slowdown and asset prices -- 4. The slowdown and the share of profits -- 5. The slowdown in the data -- 6. Losing ground to China and other countries -- 7. The pandemic and its aftermath -- 8. Growth to the Rescue.

This book charts the fall of productivity growth and the rise of inequality within global economies and societies. Set out through a series of economic models, the impacts of falling rates of productivity growth, particularly in the USA, are examined in relation to lowering interest rates, the lifting of the stock market, and an increasingly unequal distribution of wealth. The economic impact of COVID-19, including the increased tendency to work from home and renewed public debt pressures, are contextualised within broader issues of wage suppression and discontent within the labor force to highlight how average workers have been left behind. The rise of China and the geopolitical tensions that it has created is also discussed. This book sets out the macro and microeconomic innovations that can create a revival in productivity growth in the coming years. It will be relevant to students and researchers interested in global economic trends and the political economy. Edmund Phelps, the 2006 Nobel Laureate in Economics, is McVickar Professor Emeritus of Political Economy and founding Director of the Center on Capitalism and Society at Columbia University. He is author of Rewarding Work, Mass Flourishing, and My Journeys in Economic Theory. Hian Teck Hoon is Professor of Economics at the Singapore Management University. He specialises in macroeconomics, international trade, and economic growth. Gylfi Zoega is Professor of Economics at the University of Iceland and (part-time) at Birkbeck College, London. His research is focused on saving, financial stability, and economic growth.

ISBN: 9783031314414

Standard No.: 10.1007/978-3-031-31441-4doiSubjects--Topical Terms:

775109
Economic history
--21st century.

LC Class. No.: HC59.3 / .P44 2023

Dewey Class. No.: 330.9

The great economic slowdown = how narrowed technical progress brought static wages, sky-high wealth, and much discontent /
LDR:02954nam a2200325 a 4500 001 1116046
003 DE-He213
005 20230831142428.0
006 m d
007 cr nn 008maaau
008 240123s2023 sz s 0 eng d
020 $a 9783031314414 $q (electronic bk.)
020 $a 9783031314407 $q (paper)
024 7 $a 10.1007/978-3-031-31441-4 $2 doi
035 $a 978-3-031-31441-4
040 $a GP $c GP
041 0 $a eng
050 4 $a HC59.3 $b .P44 2023
072 7 $a KCL $2 bicssc
072 7 $a BUS069020 $2 bisacsh
072 7 $a KCL $2 thema
082 0 4 $a 330.9 $2 23
090 $a HC59.3 $b .P538 2023
100 1 $a Phelps, Edmund S. $3 575000
245 1 4 $a The great economic slowdown $h [electronic resource] : $b how narrowed technical progress brought static wages, sky-high wealth, and much discontent / $c by Edmund Phelps, Hian Teck Hoon, Gylfi Zoega.
260 $a Cham : $c 2023. $b Springer Nature Switzerland : $b Imprint: Palgrave Macmillan,
300 $a xxxi, 140 p. : $b ill., digital ; $c 24 cm.
505 0 $a 1. Introduction -- 2. The slowdown and real interest rates -- 3. The slowdown and asset prices -- 4. The slowdown and the share of profits -- 5. The slowdown in the data -- 6. Losing ground to China and other countries -- 7. The pandemic and its aftermath -- 8. Growth to the Rescue.
520 $a This book charts the fall of productivity growth and the rise of inequality within global economies and societies. Set out through a series of economic models, the impacts of falling rates of productivity growth, particularly in the USA, are examined in relation to lowering interest rates, the lifting of the stock market, and an increasingly unequal distribution of wealth. The economic impact of COVID-19, including the increased tendency to work from home and renewed public debt pressures, are contextualised within broader issues of wage suppression and discontent within the labor force to highlight how average workers have been left behind. The rise of China and the geopolitical tensions that it has created is also discussed. This book sets out the macro and microeconomic innovations that can create a revival in productivity growth in the coming years. It will be relevant to students and researchers interested in global economic trends and the political economy. Edmund Phelps, the 2006 Nobel Laureate in Economics, is McVickar Professor Emeritus of Political Economy and founding Director of the Center on Capitalism and Society at Columbia University. He is author of Rewarding Work, Mass Flourishing, and My Journeys in Economic Theory. Hian Teck Hoon is Professor of Economics at the Singapore Management University. He specialises in macroeconomics, international trade, and economic growth. Gylfi Zoega is Professor of Economics at the University of Iceland and (part-time) at Birkbeck College, London. His research is focused on saving, financial stability, and economic growth.
650 0 $a Economic history $y 21st century. $3 775109
650 0 $a Equality. $3 563228
650 0 $a Economic policy. $3 555567
650 1 4 $a International Economics. $3 669217
650 2 4 $a Political Economy and Economic Systems. $3 1365787
650 2 4 $a Economic Aspects of Globalization. $3 1366283
700 1 $a Hoon, Hian Teck. $3 1429085
700 0 $a Gylfi Zoega. $3 936713
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
856 4 0 $u https://doi.org/10.1007/978-3-031-31441-4
950 $a Economics and Finance (SpringerNature-41170)