DECLINING PROFITABILITY AND THE EVOLUTION OF THE US ECONOMY: A CLASSICAL PERSPECTIVE, ASCENSION MEJORADO AND MANUEL ROMAN
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Abstract
Declining Profitability and the Evolution of the US Economy addresses a central issue of our times: The slowdown in global growth rates over the past nearly two decades. While the book primarily focuses on the US economy, it also draws comparisons with other major economies experiencing similar trends. Given the US economy’s status as the still largest in the world, with significant global interconnections, changes within it have a profound impact internationally....
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