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Solutions for a 21st Century Economy. Edition No. 1
VDM Publishing House, Sep 2008, Pages: 204
The future of the U.S economy is in question.
Unemployment in the U.S. is at high levels as
companies downsize and more jobs leave the
country. The U.S. dollar continues to weaken along
with high trade and budget deficits. The mortgage
lending crisis lingers as housing prices
continue to decline. Prices for energy, food, and
health care keep rising. What is the best way to
boost the economy? There are some new
answers that have been promoted but not tested. Does
Richard Florida’s Creative Class theory—cities with
more talent, technology, and tolerance—actually add
more jobs? Do cities with more social capital—where
people use social networks, are more civic-minded
and trusting, and are more engaged in their
community—have better economic growth? Does economic
freedom add more jobs in states that have smaller
governments, fewer torts, less taxes, and reduced
welfare spending? Can traditional Keynesian
government spending still create economic growth in
the 21st century? Brent M. Eastwood, PhD, answers
these questions and more while offering in-depth
empirical evidence to support his own
solutions for a 21st century economy.
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