America in the Economic World recognizes that necessities and jobs are the natural starting point for the study of economics. That leads to a review of how nations survive in the global
economy, followed by a primer of basic concepts in economics and finance, and a study of American economic history.Author Michael Douglas Gilbert provides readers with the information needed to
make their own decisions. Americans no longer have to rely on political grandstanding and over simplification. America in the Economic World warns of the excessive influence of ideology on
public policy and discusses how the nation can overcome it.Economists and other social scientists will appreciate the refreshing new approach to traditional topics including jobs, necessities,
deferred necessities, Medicare, social security, welfare, the Federal Reserve System, and the causes of the Great Recession. A surprising chapter on warfare provides insight into the impact of
ideology on major policy decisions.
