Measuring the Wealth of Nations: The Political Economy of...

Measuring the Wealth of Nations: The Political Economy of National Accounts

Anwar M. Shaikh, E. Ahmet Tonak
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This book provides an alternate foundation for the measurement of the production of nations, and applies it to the U.S. economy for the postwar period. The patterns that result are significantly different from those derived within conventional systems of national accounts. Conventional national accounts seriously distort basic economic aggregates, because they classify military, bureaucratic and financial activities as the creation of new wealth, when in fact they should be classified as forms of social consumption that, like personal consumption, actually use up social wealth in the performance of their functions.
Tahun:
1996
Penerbit:
Cambridge University Press
Bahasa:
english
Halaman:
404
ISBN 10:
0521564794
ISBN 13:
9780521564793
File:
PDF, 22.67 MB
IPFS:
CID , CID Blake2b
english, 1996
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