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The Structure of a Modern Economy: The United States, 1929-1989
Hardcover
ISBN13: 9780814712030
Publisher: New York Univ Pr
Published: May 1 1993
Pages: 288
Weight: 1.05
Height: 0.69 Width: 6.00 Depth: 9.00
Language: English
One of the important sources for the increase of human knowledge is the keeping of careful records of a system over time, the study of which may reveal patterns and relationships that otherwise would not be perceived. Despite the existence of more than 60 years of national income statistics and their various components and supplements, such as unemployment and labor force figures, price levels, relative prices, etc, there has been a dismaying lag in the use of this data to detect previously unrecognized relationships among economic variables.
Preeminent economist Kenneth Boulding offers this study not only as a means of coming to a better understanding of our past and present economic systems, but also as an aid to decision-making about the future. If the decisions made in the present are based on unrealistic inferences, he maintains, then they are likely to make the future worse than it might have been.
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