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This note, a follow-up to the author's earlier "The Declining Economic Viability of the Single-Income Household: A Note on the Fortunes of the Middle Class" considers U.S. average and median hourly wages for nonsupervisory and production employees alongside the annual income data utilized in the...
Persistent link: https://www.econbiz.de/10014082189
The importance of U.S. military expenditure as an economic stimulus, particularly between the 1940s and the 1970s, is well-established in economic historiography, if often treated casually. This note offers a qualitative consideration of its global consequence by considering U.S. defense...
Persistent link: https://www.econbiz.de/10014084346
This paper extends the author's prior use of CPI-adjusted current dollar figures to examine American and British deindustrialization by similarly using the method to adjust United Nations current dollar figures regarding these nations' manufacturing output alongside the data for Germany and...
Persistent link: https://www.econbiz.de/10014237131
This working paper extends the analysis of U.S. deindustrialization on the basis of Consumer Price Index-adjusted estimates of per capita value added in the U.S. manufacturing sector and its categories via the presentation and discussion of decade-by-decade averages in selected areas of value...
Persistent link: https://www.econbiz.de/10014242201
This working paper, for the sake of a fuller appreciation of the expectations of a unipolar world order in the twenty-first century and their implications, considers the trend of U.S. economic and world growth in the 1990s, and the expectations of its continuation for decades or longer, and...
Persistent link: https://www.econbiz.de/10013294498
This brief note, a response to increased interest in and discussion of the relative strengths of the U.S. and Chinese navies, makes a comparison between the two navies on the basis of the tonnages of those fleets, and the tonnages of the differing types of ships comprising them, rather than the...
Persistent link: https://www.econbiz.de/10014348479