Volume 32, Number 2 · February 14, 1985
How to Get Out of the Economic Rut
By Lester C. Thurow
The Share Economy: Conquering Stagflation
by Martin L. Weitzman
Harvard University Press, 167 pp., $15.00
The Second Industrial Divide: Possibilities for Prosperity
by Michael J. Piore, by Charles F. Sabel
Basic Books, 355 pp., $21.95
In 1983 and 1984 the United States was in the midst of a cyclical recovery that was being sold to the public as if it were permanent prosperity. While the selling job was successful, the 'stable expansion' promised by the administration looks more and more like a mirage. Almost as President Reagan's election tide rolled in, a tide of the bad economic news rolled out.
Review, 3933 words
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