20th Century American History - Economic Aspects - General & Miscellaneous, Economic Forecasting, 20th Century American History - Economic Aspects - Post World War II, Economic Conditions in the United States, United States - Economic History, Tax Policy,

Playing with the Numbers

Name: Playing with the Numbers
Author: Richard A. Stimson
ISBN: 9780967123264

by Richard A. Stimson

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Overview

Richard Stimson's Playing with the Numbers deals with a broader scope of economic misconceptions than any other, to the best of our knowledge.

Other books, however, have revealed certain economic fallacies. Examples are: the weakness of GNP as pointed out in many economics texts; the fiction of 1980s tax cuts and growth in Sleepwalking Through History by Haynes Johnson (1994) and The Politics of Rich and Poor by Kevin Phillips (1990); illusions about budget balancing and Social Security in The Truth about the National Debt by Francis X. Cavanaugh (1996); failure to recognize unemployment and income gaps in The Judas Economy by Wolman and Colamosca (1997); and blindness to the threat of global corporate anarchy in One World Ready or Not by William Greider (1997) and The Future of Capitalism by Lester C. Thurow (1996).

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Editorials

Wisconsin Bookwatch

Richard Stimson's Playing With The Numbers: How So-Called Experts Misled Us About The Economy addresses the serious issues of how government accounting methods hide the real facts about the United States economy; how public debate is focussed on the wrong problems to the detriment of the general public's understanding of contemporary economic issues; how "new" economic theories turn out to be recastings of old discredited ones; why nobody seems able to do anything about unemployment and underemployment; how the American and global economies are run by people never having to strive for elective office; where the global economy may be heading while the public is distracting by economic mythologies and misrepresentations; and how constitutional and global reform can avert world-wide economic disasters. Playing With The Numbers is insightful, iconoclastic, thought-provoking, and ought to be a required addition to every highschool and college economics class reading list.

Booknews

The author has a long list of credentials which include university teaching in economics, management and finance (U. of North Carolina), and jobs in both government and private industry that have involved public relations and financial institutions. He expresses opinions and offers explanations for a non-academic audience on a host of topics including taxes, government accounting, the global economy, and elections. Annotation c. Book News, Inc., Portland, OR (booknews.com)