The Resource A more imperfect union : how inequity, debt, and economics undermine the American dream, James L. Jennings, (electronic book)

A more imperfect union : how inequity, debt, and economics undermine the American dream, James L. Jennings, (electronic book)

Label
A more imperfect union : how inequity, debt, and economics undermine the American dream
Title
A more imperfect union
Title remainder
how inequity, debt, and economics undermine the American dream
Statement of responsibility
James L. Jennings
Creator
Subject
Language
eng
Summary
Inflation and an addiction to debt characterize the U.S. economy. The author explains how the policies directed at avoiding deflation have yielded income and wealth redistribution and inequities; inflation; inordinate growth in government, the financial sector, money supply, and debt; currency debasement; fragility in the financial system; loss of international competitiveness; and distortions in interest rates, currency ratios, trade, labor and product pricing, and asset valuations. Whether through currency depreciation, unjust wage and price increases, the absence of real income gains for all through maximum price reductions from efficiency and technology gains, or other means, the unblessed are relatively impoverished by the wealth redistribution of the system courtesy of the distributional coalitions, big government, and the financial sector. The author provides a critical look at fundamental economic theory and practice in a nonmathematical, common sense presentation. He offers a new, insightful challenge to aspects of Keynesian and monetarist theories. These schools of thought have not been proffering solutions for our problems of debt, inflation, and relative poverty because they are unnecessarily anchored to a debt-based monetary system, interest rate management and inadequately competitive markets. The U.S. and capitalism should have been producing better results. Our imperfect system is so flawed and has become so fragile that a major financial collapse may well challenge the actual survival of our political institutions. Other writers have addressed such subjects as the business cycle, failures of the banking system, inflation, debt, potential financial collapse, distributional coalitions, and the desirability of a system translating productivity growth into lower output prices. This book is unique in offering a unified, comprehensive view of these subjects and others in a non-mathematical, nontraditional, yet compelling manner. It will be useful to students, teachers, policymakers and general readers who sense that something ails mainstream economics and seek a better understanding of the systemic deficiencies that have brought the U.S. to its fragile financial state and of the reasons so many past policies and programs have failed
Member of
Cataloging source
CaPaEBR
http://library.link/vocab/creatorDate
1941-
http://library.link/vocab/creatorName
Jennings, James L.
Dewey number
330.973
Illustrations
illustrations
Index
index present
LC call number
HJ8119
LC item number
.J46 2012eb
Literary form
non fiction
Nature of contents
  • standards specifications
  • bibliography
http://library.link/vocab/subjectName
  • Debts, Public
  • Monetary policy
  • United States
  • United States
  • United States
Label
A more imperfect union : how inequity, debt, and economics undermine the American dream, James L. Jennings, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Introduction -- Money and debt -- Income -- Money flows -- Productivity -- Cycles -- Saving, savings, and debt -- Government and inflation -- Investment and economic growth -- The rate of interest -- Profits -- Money demand and velocity -- Monetary policy -- Fiscal policy -- Labor -- Debt and the economic cycle -- Foreign affairs -- Poverty -- Economic theory -- Conclusion -- Bibliography -- Index -- List of figures and tables
Control code
ebr10558443
Dimensions
unknown
Extent
xv, 248 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Other physical details
ill.
Reproduction note
Electronic resource.
Specific material designation
remote
Label
A more imperfect union : how inequity, debt, and economics undermine the American dream, James L. Jennings, (electronic book)
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Introduction -- Money and debt -- Income -- Money flows -- Productivity -- Cycles -- Saving, savings, and debt -- Government and inflation -- Investment and economic growth -- The rate of interest -- Profits -- Money demand and velocity -- Monetary policy -- Fiscal policy -- Labor -- Debt and the economic cycle -- Foreign affairs -- Poverty -- Economic theory -- Conclusion -- Bibliography -- Index -- List of figures and tables
Control code
ebr10558443
Dimensions
unknown
Extent
xv, 248 p.
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Original version note
Original electronic resource
Other physical details
ill.
Reproduction note
Electronic resource.
Specific material designation
remote

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