Showing that 1970s inflation made budget surpluses look like deficits and that the recession was a combination of tight money and restrictive federal spending, the author argues that the federal deficit has long been miscalculated and examines the resulting implications

Product Description: This selection of the essays of Robert Eisner demonstrates his contribution to the evolution of ideas about macroeconomics in the latter half of the 20th century. Issues covered include the determinants of employment and growth in a market economy, permanent income hypothesis and more...read more (view table of contents, read Amazon.com's description)

Product Description: This selection of Robert Eisner's essays ties together his contribution to economic analysis and macroeconomic policy issues. He dissects the fundamental issues of employment, growth and economic welfare in an advanced market economy, offering a challenge to conventional wisdom. (view table of contents, read Amazon.com's description)

Product Description: As baby boomers retire over the next three decades, some claim they will break the bank of the Social Security system. These fears of insolvency have generated a wide range of reform proposals, some of which would transform the current program drastically...read more (view table of contents, read Amazon.com's description)

Product Description: American politics often seems to be focused on three deficits, real and potential: the federal budget, the Social Security Trust Fund, and the trade balance. Robert Eisner, past president of the American Economic Association, explains why this is an unhealthy situation as well as a source of much misunderstanding...read more (view table of contents, read Amazon.com's description)

Argues that a flat tax of nineteen percent would raise the same revenue as the present income tax, while encouraging savings and investment

Everybody talks about the economy. Everybody has complaints or recommendations but often nobody knows what they're talking about. So asserts Eisner in this authoritative analysis of the real and imagined ills of the US economy. The text explains how economic and social progress is, and should be, measured, confronting widespread misconceptions about debt and deficit, government spending and taxes, unemployment and inflation, foreign investment and foreign trade. The author argues that government accounting is fundamentally flawed since it fails to distinguish between current and capital expenditures, as every business firm does. Not only is the deficit, when properly measured, not as large as assumed, but government spending is in fact not high enough. Eisner claims that we are starving this essential public investment, which will advance our productivity now and in the next century. Politicians and private citizens alike fail to understand that what makes sense to the individual, such as not spending and trying to save in case of hard times, may create more costly idle resources in the economy as a whole.

Stories of scholars, writers, artists, and explorers woven together in a narrative of Greek travel

Product Description: Conventional measures of national income and product and its components have proved enormously useful as indexes of economic activity and as the empirical foundations of much of macroeconomic analysis. Robert Eisner's The Total Incomes System of Accounts (TISA) brings critical new dimensions to those measures...read more

Looks at how nine classical myths, including Oedipus, Electra, and Psyche are used to explain psychological theories, and assesses the validity of these comparisons