392 Pages
100 B/W Illustrations
by
Routledge
392 Pages
100 B/W Illustrations
by
Routledge
448 Pages
16 B/W Illustrations
by
Routledge
Also available as eBook on:
Embedded in an historical account of the development of U.S. capitalism up to the present day, this book gives the reader a thorough description of the major aspects of the U.S. economy, as well as a theoretical understanding of the overall economy. A particular focus of this book is how free markets work in capitalism and the interrelationship between markets and the government. Of particular... Read more
Part 1: The Development of the Capitalist System 1. Economic Systems 2. The Rise of Capitalism in the United States 3. Growth in the US Economy, 1865-1914 4. Imperialism 5. The Socialist Challenge Part 2: Markets in a Capitalist Economy 6. Markets 7. Labor Markets 8. Labor 9. Income Distribution 10. Personal Income and Wealth Distribution 11. Poverty Part 3: Public Policy: Issues and Institutions 12. Market Failure and Government Regulation 13. The Economy and the Environment 14. Measuring the Economy 15. Business Cycles and Unemployment 16. The Theory of Output and Employment 17. Accumulation and Macroeconomic Instability 18. The Federal Government Budget: Instrument of Fiscal Policy 19. Money, Banking, and the Federal Reserve 20. International Trade Part 4: Recent History and Beyond 21. The Great Depression: Time of Economic Crisis 22. The Post-War Economic Boom 23. After the Golden Age: The Rise of Free Market Ideology
Biography
Paul Swanson is Associate Professor of Economics at William Paterson University, USA






