The Structure of a Modern Economy : The United States, 1929-89

This book is a study of the American economy from 1929 to 1989 through the analysis of national income statistics and other data. It reaches important conclusions regarding the causes of unemployment, the relation of inflation to the stock of liquid assets and the budget deficit, the proportion of the population in poverty, the gap between interest and profit rates, the relation of productivity to income. These conclusions are discussed using graphs and diagrams extensively. Front Matter....Pages i-xii The Structure of an Economy....Pages 1-13 Human Capital....Pages 14-24 Sizes and Proportional Structures of Total Output and Income....Pages 25-39 Money and Prices....Pages 40-52 Capital Structures....Pages 53-69 The Role of Government....Pages 70-83 The World Economic Environment....Pages 84-95 Towards Understanding and Control....Pages 96-110 What of the Future?....Pages 111-125 Back Matter....Pages 126-215 A study of the American economy from 1929 to 1989 through the analysis of national income statistics and other data, this book reaches important conclusions regarding the causes of unemployment, the relation of inflation to the stock of liquid assets and the budget deficit