Our Economy Why It's Not Working and How To Fix It

by Field, John

• ISBN13: 9780819192271
• ISBN10: 0819192279
• Edition: 2nd
• Format: Paperback
• Copyright: 1993-12-02
• Publisher: UPA

Summary

Work finishedjournalistic style, this book introduces a new economics technology, Econodynamics-a scientific alternative to answer the unsolved problems of conventional economics. Field and Pressel make surprising and sometimes controversial sense of any economy based on the dynamic principles of Newtonian physics and engineering. The new economics describe causal relationships and includes all the components of the economy, distinguishing between the macrostructure of the economy and the data it generates and verifying equations that describe our economy's macrostructure with data generated by the economy itself.

Table of Contents

List of Figures
List of Tables
Foreword
Preface
Background	p. 1
Waves of Economics	p. 11
Econodynamics	p. 29
Reduced Model of an Economy	p. 47
Enlarged Model of an Economy	p. 65
Wealth	p. 79
Equilibrium	p. 95
Dynamics	p. 107
Controls	p. 127
Strategy	p. 149
Production and Trade	p. 167
Finance	p. 181
Securities	p. 195
Interregional Trade	p. 211
Government	p. 227
Household Sector	p. 239
Extended Economics	p. 257
World Reach of Econodynamics	p. 271
Fairness	p. 289
Political Economy	p. 303
Conclusion	p. 315
Addendum I: Answers to Key Questions	p. 325
Addendum II: Econodynamic Model of the U.S. Economy, 1881 to 1990	p. 329
Addendum III: Financial Statements of the U.S. Economy, 1881 to 1990	p. 407
Endnotes	p. 421
Index	p. 439
Biographical Sketches	p. 501
Table of Contents provided by Blackwell. All Rights Reserved.