Dismantling the myth of the 'new' American economy

Article Abstract:

The American economy is discussed, with a focus on positive developments and continuing problems for working families, including job insecurity and income inequality. Topics include the gains made in the last few years, a comparison of the business cycles of the 1990s and the 1980s, and evidence of a new economic order.

Social aspects, Economic aspects, United States economic conditions, Job security, Income distribution

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Dangers for European workers in the US economic model

Article Abstract:

An argument is presented against the application of US socioeconomic strategies to Europe's unemployment problems. Reasons include America's modest increase in job growth rates at the cost of a widening disparity in income distribution, suggesting that the strategies are ineffective in producing macroeconomic results.

Europe, Evaluation, Political aspects, Unemployment, Welfare reform, Flexible work hours, Flexible hours

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How new is the new economy?

Article Abstract:

The author provides an account of US economic growth during the 1960s-1990s. The effects of technological advances on industrial productivity, increase in consumer confidence due to economic stability, and growth of the middle class and its capability of raising the standard of living are discussed.

Analysis, Management, History, Economic development, Technological innovations, Business cycles, Cost and standard of living, Cost of living, Industrial productivity, Economic stabilization

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