Energy and the U.S. Economy: A Biophysical Perspective
Author(s)
Cleveland, Cutler J.; Costanza, Robert; Hall, Charles A. S.; Kaufman, Robert
Abstract
Between the mid-1940s and the early 1970s, the US economy showed generally good performance. Since 1973, however, performance indicators such as labor productivity, inflation and growth rates have been relatively disappointing, and mainstream economic mo