Great Economic Slowdown, How Narrowed Technical Progress Brought Static Wages, Sky-High Wealth, and Much Discontent
Discover the compelling insights of Edmund S. Phelps in his latest work, Great Economic Slowdown: How Narrowed Technical Progress Brought Static Wages, Sky-High Wealth, and Much Discontent. Published in 2023, this thought-provoking book spans 140 pages and delves into the critical issues of productivity growth and income inequality that are shaping our global economy today.
Phelps expertly examines the factors contributing to the stagnation of wages and the widening wealth gap, offering readers a nuanced understanding of the economic landscape. This essential read is perfect for anyone interested in economics, social justice, and the future of our societies. Don’t miss out on this opportunity to gain valuable perspectives from a Nobel laureate and a leading voice in economic thought.