Looking Again At the 1970s

Looking Again At the 1970s

John E. Schwrx iind Thomas J. Voln, in At the 1970s Harvaix/ ~insinvssRet'ivul (~ct.1985), I-lac-
~ird Univ. Graduate School of Business Ad-
ministrtition, Boston, Mass. 02163.
According to the conventional wisdom, America's economy slumped dur- ingtthe 1970s: Falling prey to high rates of interest, unemployment, and inflation, American industries stagnated.
Not quite, say Scliwarz and Volay, political scientists at the University of Arizona. They argue that America's troubles were "misdiagnosed,"...

Share:
Read Time:

Error message

User error: Failed to connect to memcache server: 127.0.0.1:11211 in dmemcache_object() (line 415 of /var/www/www.wilsonquarterly.com/drupal/sites/all/modules/contrib/memcache/dmemcache.inc).

More From This Issue