479514
9780962855818
This book attempts to point the way to a middle ground between laissez-faire capitalism & socialism/communism - namely, government management of the economy to yield all the efficiency of free enterprise, free market capitalism on the production side yet purposefully to achieve economic growth & "social justice" on the social side. Its logical, systematic approach describes: the nature of such government "management" of the economy; the setting of national economic objectives; the complex ramifications of budget expenditures & deficits; a new approach to understanding the relationship between money supply & national output; interactions between internal & external economic forces & the national economy; how independent & dependent factors, both governmental & private, simultaneously determine the operation of the economy; how government activities & policies might be integrated into one purposeful management process; analysis of the working of the United States economy & the effects government has on it; recommendations to improve government management of the United States economy. The book is written for all those interested in politics & economics, & especially for professional economists, econometricians, statisticians & all those engaged in government. It may be used as a text book for college & students of government.Robinson, Herbert W. is the author of 'Challenge to Government Management of a Capitalist Economy' with ISBN 9780962855818 and ISBN 0962855812.
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