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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...
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Macroeconomic Policy and the Future of Capitalism addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favour of financial variables such as inflation or exchange rates. John Smithin argues that this 'financial reaction' in macroeconomic policy is the result of a distinct shift in political power in favour of financial or 'rentier' interests, and...
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In Created Unequal, Galbraith explains the relationship between economic policy and the structure of pay. He shows why "knowledge" workers have done well and why service workers have not why consumer industries have lost ground and why the true service economy is smaller than you think. Whether you are in the aircraft industry (rich) or the garment business (poor), medicine (up-and-coming despite HMOs) or residential construction (in deep decline),...
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