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Part of the book series: North American Social Report ((SSIR,volume 5))

Abstract

This chapter begins with a brief discussion of national economic goals (Section 2), and proceeds to a review of the system of national income and product accounts (3). Although there are several important economic issues that don’t seem to be implied in any obvious way by the issues systematically summarized in the national accounts, there are many issues that seem to be easier to grasp in the context of the accounts. The gross national product is an excellent example of an idea that is particularly well-suited to examination within the accounts, and that is the subject of (4). In (5) I consider manufacturing productivity, which is merely an important feature of national productivity.

“And the Lord spake unto Moses, saying, speak unto the children of Israel, and say unto them: when a man shall make a singular vow, the persons shall be for the Lord by thy estimation.

And thy estimation shall be of the male from twenty years old even unto sixty years old,… fifty shekels of silver

And if it be a female, then thy estimation shall be thirty shekels.”

Leviticus 27: 1–4.

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Notes

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  136. For example, see Volume I, Chapter 3.11 on food additives; Volume IV, 9.5 on problems the U.S. Federal Trade Commission has getting information on oil companies; 9.9 on problems the U.S. Internal Revenue Service has determining oil company tax avoidance; 9.15 on problems the U.S. Food and Drug Administration has monitoring the introduction of new chemical compounds.

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  137. The best general sources of information on concentrations of economic power in North America are W. Clement, The Canadian Corporate Elite: An Analysis of Economic Power (Toronto: McClelland and Stewart Ltd., 1975) and Continental Corporate Power: Economic Elite Linkages Between Canada and the United States (Toronto: McClelland and Stewart Ltd., 1977); P. C. Newman, The Canadian Establishment-Volume One (Toronto: McClelland and Steward Ltd., 1975); F. Lundberg, The Rich and The Super-Rich (New York: Bantam Books, 1968).

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Michalos, A.C. (1982). Economics. In: North American Social Report. North American Social Report, vol 5. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-9559-4_1

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