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Everybody talks about the economy; everybody has complaints or recommendations. Few know what they're talking about. So asserts Robert Eisner - one of our nation's most distinguished economists - in this authoritative analysis of the real and imagined ills of the U.S. economy.
In clear, accessible language, The Misunderstood Economy confronts an array of myths surrounding economic issues. Eisner begins by challenging many of the standards traditionally...
Description
Contains 12 contributions examining the economics of low unemployment rates whilst inflation did not increase during the 1990s. Presents macroeconomic perspectives, studies of effects of international trade on labour markets, projections of labour supplies to the year 2020, and an outlook on whether rising productivity and falling unemployment can be sustained or replicated.
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