Bővebb ismertető
^Introduction
M ost people view the growing economic crises of the decade past as evidence of something gone wrong. Depending on one's economic philosophy, one can place the blame on various groups and institutions. Conservatives point to the government, monetarists blame the Federal Reserve Bank, Marxists blame the capitalist system, politicians blame their predecessors, consumers blame big business and OPEC, and big business has blamed consumers, OPEC, and government. Like a losing team, we see only our failure, and as a result, we have turned on one another.
Economic opinion has diverged because the economic events of the past decade do not fit into any economic theory. We are bewildered by an economy in which some suffer while others grow rich, in which some towns are worse off than they were during the Depression and others are booming. The economy de-