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Measuring the Wealth of Nations

Measuring the Wealth of Nations
By:Anwar M. Shaikh,E. Ahmet Tonak
Published on 1996-11-28 by Cambridge University Press


This book provides an alternate foundation for the measurement of the production of nations, and applies it to the U.S. economy for the postwar period. The patterns that result are significantly different from those derived within conventional systems of national accounts. Conventional national accounts seriously distort basic economic aggregates, because they classify military, bureaucratic and financial activities as the creation of new wealth, when in fact they should be classified as forms of social consumption that, like personal consumption, actually use up social wealth in the performance of their functions.

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Book ID of Measuring the Wealth of Nations's Books is oICBQgAACAAJ, Book which was written byAnwar M. Shaikh,E. Ahmet Tonakhave ETAG "vJsLpH82f80"

Book which was published by Cambridge University Press since 1996-11-28 have ISBNs, ISBN 13 Code is 9780521564793 and ISBN 10 Code is 0521564794

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Measuring the Wealth of Nations

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