Conventional economics frequently employs abstract analysis, including questionable assumptions regarding human behavior, together with highly quantitative methodology. While these techniques do not provide a full picture of economic life, conventional economic analysis has provided important...

Here is considered the substance and goals of President Dwight D. Eisenhower's economic initiatives. The intention of these initiatives was to shift the relationship between public and private efforts in a way that would strengthen the underpinnings of the market-based and market-directed...

The purpose of this paper is to examine whether a new family-community social structure of accumulation (FSSA) has emerged in the Unites States to contribute to long-wave growth and development through the early decades of the 21st century. Institutions that promote system-functions or public...

In business today “spinning” typically has a negative connotation. But it's more basic meaning, as a counter-twisting action producing multipurpose threads, actually better describes economic acts and relations. It especially illustrates Adam Smith's basic insight into the economic act as...

This paper is an updated study on the causes of economic insecurity in the United States. The authors have constructed an aggregate composite index that measures objectively the major causes of economic insecurity (CEI) in the United States. The CEI index consists of 11 variables that can cause...

A theory of transitional economies is now emerging, much of which is evolutionary-institutional in nature and hence very critical of the naïveté of socalled shock therapy and the economic reasoning that supported it. Indeed it has become apparent that changing the formal rules of the game,...