This is an updating of Professor Lindauer’s ground-breaking theories and their policy implications for economies such as that of the United States. They were first presented in the 1960s when he wa...view moreThis is an updating of Professor Lindauer’s ground-breaking theories and their policy implications for economies such as that of the United States. They were first presented in the 1960s when he was Professor of Economics at CMC and the Claremont Graduate School.
They are re-presented here to explain how the current high levels of unemployment and governmental deficits in the United States can be quickly ended without the passage of new laws and regulations or the implementation of new spending levels and tax rates.
“General Theories and policies that cannot explain or cope with specific events are not general theories and policies and must be either discarded or improved.”view less