The modern economy in action / by Caroline F. Ware and Gardiner C. Means.

By: Contributor(s): Material type: TextTextPublication details: New York : Harcourt, Brace, and company, inc., [1936].Description: xi, 244 pages, 20 cmSubject(s): DDC classification:
  • 330.1
LOC classification:
  • HB 171.7 .W23 1936
Online resources:
Partial contents:
Part One. From the old economy to the new - I. The old economy -- II. The new economy --- A. Technology produces the factory and the corporation --- B. The modern corporation destroys automatic adjustments --- C. The corporation centralizes power and control -- III. The relation between the new economy and the old.
Part Two. Problems of the new economy - IV. What problems of the new economy --- A. Money --- B. Savings and the creation of capital goods --- C. Industrial policy --- D. International economic relations --- E. Economic security -- V. Supplying the right amount of money --- A. Why "the right amount of money"? --- B. How can the right amount of money be supplied -- VI. Balancing savings with the demand for new capital --- A. Saving and the spending of savings --- B. Balance in the old economy --- C. Unbalance in the new economy --- D. How can balance be achieved under modern conditions? -- VII. Making industrial policy --- A. The problems of industrial policy --- B. Techniques for making industrial policy --- C. The interests concerned with industrial policy -- VIII. Adjusting international trade and finance --- A. The nature of international trade -- B. Adjustments in the old economy through shipment of gold --- C. Maladjustment in the new economy --- D. Meeting the problem of balance -- IX. Enabling non-producers to consume --- A. The problem of consuming without producing --- B. Savings and family support in the old economy --- C. Inadequacy of old methods in the new economy --- D. Possible solutions -- X. Is general economic planning necessary and possible? --- A. The need for planning --- B. Possibilities of planning --- C. The method of planning -- XI. The role of government --- A. The responsibilites of government --- B. The form of government --- C. How far has government already gone? --- How far can government go within the constitution? --- The basis for public policy.
Summary: "This brief volume is designed as an aid to fresh thinking on economic problems. It does not go over the field of traditional economics except to restate its main theses and to note how the assumptioned upon which these theses rest compare with the facts of modern technology and economic organization. Neither does it deal with alternative systems of economic thought, such as the Marixan. It calls attention to the facts of the present economic situation with which any sounds public policy will have to deal. It then poses the problems which must be thought through, indicating how they relate to the factual situation, and some of the possible directions in which solutions to these problems might be sought." -- From the Preface
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Item type Current library Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks HB 171.7 .W23 1936 (Browse shelf(Opens below)) Not For Loan NPML20080019

Includes bibliographical references (pages 233-239).

Part One. From the old economy to the new - I. The old economy -- II. The new economy --- A. Technology produces the factory and the corporation --- B. The modern corporation destroys automatic adjustments --- C. The corporation centralizes power and control -- III. The relation between the new economy and the old.

Part Two. Problems of the new economy - IV. What problems of the new economy --- A. Money --- B. Savings and the creation of capital goods --- C. Industrial policy --- D. International economic relations --- E. Economic security -- V. Supplying the right amount of money --- A. Why "the right amount of money"? --- B. How can the right amount of money be supplied -- VI. Balancing savings with the demand for new capital --- A. Saving and the spending of savings --- B. Balance in the old economy --- C. Unbalance in the new economy --- D. How can balance be achieved under modern conditions? -- VII. Making industrial policy --- A. The problems of industrial policy --- B. Techniques for making industrial policy --- C. The interests concerned with industrial policy -- VIII. Adjusting international trade and finance --- A. The nature of international trade -- B. Adjustments in the old economy through shipment of gold --- C. Maladjustment in the new economy --- D. Meeting the problem of balance -- IX. Enabling non-producers to consume --- A. The problem of consuming without producing --- B. Savings and family support in the old economy --- C. Inadequacy of old methods in the new economy --- D. Possible solutions -- X. Is general economic planning necessary and possible? --- A. The need for planning --- B. Possibilities of planning --- C. The method of planning -- XI. The role of government --- A. The responsibilites of government --- B. The form of government --- C. How far has government already gone? --- How far can government go within the constitution? --- The basis for public policy.

"This brief volume is designed as an aid to fresh thinking on economic problems. It does not go over the field of traditional economics except to restate its main theses and to note how the assumptioned upon which these theses rest compare with the facts of modern technology and economic organization. Neither does it deal with alternative systems of economic thought, such as the Marixan. It calls attention to the facts of the present economic situation with which any sounds public policy will have to deal. It then poses the problems which must be thought through, indicating how they relate to the factual situation, and some of the possible directions in which solutions to these problems might be sought." -- From the Preface

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