The Decline of the American Economy

Clement Onyemelukwe is an engineer and economist. He has written five books to date, among which are two devoted to economic science, ＂Underdevelopment: An Inside View＂ in 1974, and ＂The Science of Economic Development and Growth: The Theory of Factor Proportions＂ in 2005, in which he has been able with his engineering science background to fault conventional economics for being only a dismal science, deficient and faulty in structural economics. As chairman and founder of Colechurch International Ltd, an international project management and promotion company since 1976, Mr. Onyemelukwe, as an engineer and economist since the 1950s, has accumulated wide practical experience and specialization in economic development process in both advanced and emerging countries of the world. The book is intended to apply his wealth of economic expertise to the American economy.