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Mises_Biblio
Mises_Biblio

... Selected Writings of Ludwig von Mises Vol. 2: Between the Two World Wars: Monetry Disorder, Interventionism, Socialism, and the Grear Depression. Indianapolis: Liberty Fund, 2002. Selected Writings of Ludwig von Mises Vol. 3: The Political Economy of International Reform and ...
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... The increase in real GDP will tell by how much the quantity of good and services has increased. Real GDP in 2011 is what the total expenditure would have been in 2011 if prices had remained the same as they were in 2005. To calculate real GDP in 2011 multiply the quantities produced in 2011 by the p ...
Entrepreneurship and the Business Cycle
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... into the civilian labor force after World War II. According to Samuelson (1943): When this war comes to an end, more than one out of every two workers will depend directly or indirectly upon military orders. We shall have some 10 million service men to throw on the labor market. We shall have to fac ...
This PDF is a selection from a published volume
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guns, butter, leon keyserling, the afl-cio, and the - The Keep

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... change in final demand such as a new construction project, an increase in government purchases, or an increase in exports. Regional I-O multipliers share similarities with what are commonly termed macroeconomic (Keynesian) multipliers. Both types of multipliers provide a way to estimate the economy- ...
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Non-monetary economy

The non-monetary economy represents work such as household labor, care giving and civic activity that does not have a monetary value but remains a vitally important part of the economy. With respect to the current economic situation labor that results in monetary compensation becomes more highly valued than unpaid labor. Yet nearly half of American productive work goes on outside of the market economy and is not represented in production measures such as the GDP (Gross Domestic Product).The non-monetary economy seeks to reward and value work that benefits society (whether through producing services, products, or making investments) that the monetary economy does not recognize. An economic as well as a social imperative drives the work done in this economy. This method of valuing work would challenge ways in which unemployment and the labor force are all currently measured and generally restructure the way in which labor and work are constructed in America.The non-monetary economy also works to make the labor market more inclusive by valuing previously ignored forms of work. Some acknowledge the non-monetary economy as having a moral or socially conscious philosophy that attempts to end social exclusion by including poor and unemployed individuals economic opportunities and access to services and goods. Such community-based and grassroots movements encourage the community to be more participatory, thus providing a more democratic economic structures.Much of non-monetary work is categorized as either civic work or housework. These two types of work are critical to the operation of daily life and are largely taken for granted and undervalued. Both of these categories encompass many different types of work and are discussed below.It is important to point the microscope on these two areas because only certain people are very civically engaged and very frequently a certain group of people tend to do housework. Non-monetary economic systems hope to make community members more active, thus more democratic with more balanced representation, and to value housework that is commonly done by women and less valued.
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