"The New Demon"
Book review
By: Benjamin M. Friedman
Date: October 8, 1998
Source: Friedman, Benjamin M. "The New Demon." New York Review of Books 45, no. 15, October 8, 1998.
About the Author: Economist Benjamin Friedman (1944–) has worked for the Federal Reserve Banks of New York and Boston, the Board of Governors of the Federal Reserve System, Morgan Stanley, and as program director in Financial Markets and Monetary Economics of the National Bureau of Economic Research. He has served as chair of the Economics Department at Harvard University, where he has held the William Joseph Maier Professorship in Political Economy since 1989.
Introduction
A continuing paradox of the American economy in the 1990s was that even though productivity increased from that of the preceding decade, the wages and incomes of employees failed to increase at the same time. Since the early...
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1990's Business and the Economy Primary Sources
The 1990's: Primary Sources
