The structure of production / Mark Skousen ; with a new introduction.

"In 2014, the U.S. government adopted a new quarterly statistic called gross output (GO), the most significance advance in national income accounting since gross domestic product (GDP) was developed in the 1940s. The announcement came as a triumph for Mark Skousen, who advocated GO nearly 25 ye...

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Bibliographic Details
Online Access:Electronic book from EBSCO
Main Author: Skousen, Mark (Author)
Format: eBook
Published:New York : New York University Press, 2015.
Edition:New revised edition.
Table of Contents:
  • Introduction : the case for a new macroeconomics
  • The theory of production in classical economics
  • Hayek and the 1930s : a new vision of macroeconomics
  • Time and production in the post-Keynesian era
  • The structure of production : the building blocks
  • Time and the aggregate production structure
  • Savings, technology, and economic growth
  • The theory of commodity money : economics of a pure gold standard
  • Economics of a fiat money standard : a theory of the business cycle
  • Implications for government economic policy
  • Conclusions : the future of economic theory and research.