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In Surrender, Michael Meeropol takes a close look at what actually happened to the American economy during the years of the "Reagan Revolution," revealing with compelling evidence the policies that were truly responsible for the failure to generate rapid growth and other economic improvements.
Meeropol gives a detailed account of the inability of the U.S. economy between 1990 and 1994 to improve productivity or raise incomes for most of the population....
Author
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With the U.S. economy once again a top priority of policy makers, it is worth understanding that matters are worse than they seem. Output, the traditional "bottom-line" measure of the economy's health, has turned up. The recession of 1990-91 is over. But the tepid recovery leaves much to be desired. Digging deeper, longtime observer of the economy Wallace C. Peterson finds plenty of cause for alarm. Wages, family income, and productivity growth began...
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