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4 of 5 people found the following review helpful:
5.0 out of 5 stars Adam Smith for the 21st century, June 21, 2000
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a reader (St. Paul, MN) - See all my reviews
Unlike most contemporary economists, Bjork does not present a theory and then attempt to find evidence that supports it. Rather he has examined and presented historical data which show the inevitability of economic slowdown all on thier own. His clear analysis is easy to read and comprehend. The implications of this book, both implicit and explicit, cross the lines of economics, public policy, and philosophy. This is an important book to everyone in the younger generation.
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Way It Worked and Why It Won't, The: Structural Change and the Slowdown of U.S. Economic Growth
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