The Illustrated Guide to the American Economy [Paperback]

Herbert Stein (Author), Murray Foss (Author)

Book Description

Publication Date: January 1999

"The Illustrated Guide to the American Economy" is aimed at those seeking to make sense of economic news or - more important - to place it in a broader context. The book consists of straightforward, objective statements about the United States, each one explained in a page of text accompanied by a page of bold, four-colour charts. Too often we lack the basic facts we need to understand and judge what we learn about the US economy. Listening to TV or reading newspapers raises questions such as: how rich is the American economy compared with other times and other countries? And what is happening to the relative earnings of women or blacks compared with white males? How heavy are American tax burdens today compared with earliers times and other countries? This revised third edition brings the information up to date and expands the treatment of many subjects, including total returns to capital; how education affects labour force participation; changing trends in banking concentration; how deregulation has affected market shares and long-distance telephone rates; and changes in how the consumer price index is being calculated.

Product Details

• Paperback: 300 pages
• Publisher: American Enterprise Institute Press; 3 Revised edition (January 1999)
• Language: English
• ISBN-10: 0844741043
• ISBN-13: 978-0844741048
• Product Dimensions: 9 x 6.1 x 0.7 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,627,675 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars A thought provoking ... "Wow!", March 15, 2004

By 

Leo E. Walsh "ebraynz" (Mentor, Oh United States) - See all my reviews
(REAL NAME)   

This review is from: The Illustrated Guide to the American Economy (Paperback)

Wow! I was stunned by the captivating, thought provoking quality of this book. It illustrates high-octane concepts, while pricing them at regular unleaded levels. A very interesting, right brained approach to a left brained subject, Macro Economics.

Some highlights.

-Interested in the plight of the poor versus the rich income levels?
-How does drastically education influences income level?
-Did you know there are several indices to measure poverty? The one you use can either over or understate the truly poor.
-How is our productivity growing versus Japan's?

There is much more inside. Highly recommended for anyone interested in economics, politics, and the real numbers that put food in our bellies, clothes on our backs, and impacts the long-term health of our nation.

2 of 4 people found the following review helpful:

5.0 out of 5 stars Invaluable, November 25, 2002

By 

Paul F. Austin (Palm Bay, Florida United States) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: The Illustrated Guide to the American Economy (Paperback)

The Illustrated Guide really is. It's a non-axe-grinding report on many long term trends in American life and a useful reference when people of one political stripe or another make broad statements.