TY - BOOK AU - Dumas,Lloyd J. TI - The overburdened economy: uncovering the causes of chronic unemployment, inflation, and national decline SN - 0520056868 (alk. paper) AV - HD 5724 .D775 1986 U1 - 331.13/7973 19 PY - 1986/// CY - Berkeley PB - University of California Press KW - Unemployment KW - United States KW - Unemployed KW - Underemployment KW - Inflation KW - Poor KW - Economic conditions KW - 1981-2001 N1 - Includes bibliographical references (pages 273-287) and index; 1. The appearance of progress, the reality of decline -- 2. The macroeconomic problem -- 3. Rethinking basic economic concepts -- 4. Contributive, neutral, and distractive activity: the fundamentals of resource use -- 5. Breaking down capital and labor -- 6. The impact of noncontributive activity on productive competence -- 7. Productive competence, unemployment, and inflation -- 8. The economics of transition -- 9. The theory of resource diversion -- 10. The theory of resource diversion: a more technical look -- 11. Applying the theory of resource diversion -- 12. Designing a program for economic revitalization N2 - "Lloyd Dumas has challenged one of the implicit assumptions of the Keynesian revolution and the national income statistics that embodied it: the assumption that all activity which is paid for must be productive. His questioning of this assumption may well set off a reorganization of the economic information system and point a new direction for economic research that will greatly improve our understanding of economic events. There are many indications that the time is ripe for a reorganization of economic thought, a new Kuhnian revolution, stimulated by the search for a more humanistic economics." -- From the preface UR - https://archive.org/details/overburdenedecon0000duma ER -