Technology cycles and U.S. economic policy in the early 21st century / Nathan Edmonson.

Format:

Book

Author/Creator:

Edmonson, Nathan.

Language:

English

Subjects (All):

Technological innovations--United States.

Technological innovations.

Economic policy.

United States.

United States--Economic policy--21st century.

Physical Description:

184 pages : illustrations ; 24 cm

Place of Publication:

New Brunswick, N.J. : Transaction Publishers, [2012]

Summary:

An economist with a background in minerals and oil, Edmonson describes in detail how the long technology cycle results in a pulsating character to economic growth, and argues that the weakness of the recovery from the 2007-09 recession to date reflects a temporary poverty of opportunities for investment in productive assets that follows the growth pulse imparted by the information technology revolution. Among his perspectives are stage-two innovation and technology revolution, where 2010 lies along the course of normal technological change, recognizing the technology cycle, and the recovery phase of the long technology cycle. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

Contents:

A long technology cycle : outline

Stage two innovation and technology revolution

The course of normal technological change : where we are in 2010?

On recognizing the technology cycle

The long technology cycle : recovery

The technology-based cycle : obsolescence, unemployment, and recycling

Conclusions : the U.S. economy in the early 21st century.

Notes:

Includes bibliographical references and index.

ISBN:

9781412843058

1412843057

OCLC:

728840742