Military Spending and Industrial Decline: A Study of the American Machine Tool Industry

Synopsis

"An incisive, illuminating diagnosis of what ails American industry. By diagnosing the development and decline of the one industry that is the foundation of every metal-using economy, Prof. DiFilippo's study of the U. S. machine tool industry also affords a model for defining the patterns of decline from which no U. S. industry is now exempt. A solid contribution to industrial economics." Seymour Melman, Columbia University