The American Economy

• Preface; Part I. A Challenge Met: 1. Postwar growth and change; 2. Government-business relationship; Part II. The New Challenge and its Implications: 3. The challenge; 4. The implications; Part III. The Long Run Development of the US Economy: 5. The structural transformations; 6. The state machine and the evolving economy; Part IV. The Road Ahead: 7. New priorities; 8. Contests at technological frontiers.

'Mr. Spulber lucidly discusses US economic growth over the past four decades, focusing on the changing nature of government-business relations, the strength of US technological progress and the 'proliferation of strategic international alliances, joint venture mergers, and acquisitions of foreign firms' in which the US plays the leading role.' Charles Wolf, Jr, Wall Street Journal