Economics, Economists, and the Economy: An Introduction to a World of Magnificent Confusion |
Contents
Run Rabbit Run | 13 |
A Modest Proposal | 29 |
Applied Astrology | 43 |
Copyright | |
5 other sections not shown
Common terms and phrases
aggregate demand balanced budget become big businesses borrowing business firms CALVIN capitalism Chicago School classical economic classical model commercial banks competitive market confused conservative consumers cost deficit depression discretionary monetary policy economic problems economists effect example expenditures fall finance fiscal policy full employment go bankrupt government spending government's idea incomes policy increase industry inflation inflationary interest rates investment Keynes Keynesian economics labor productivity labor unions laissez-faire less LILLIAN long run market economy market power means ment monetarism monetarists say money income money supply money wages natural rate nomics percent perfect competition person ployment predict print money private market private sector PROFESSOR public debt raise RALPH rate of unemployment real wages recession result rising rule social society sounds stability stagflation statistics supply of money suppose tax revenues thing tion total output trade-off U.S. Steel unem unemployed welfare workers