TITLE

The Theory of Economic Expansion

PUB. DATE
April 1943
SOURCE
New Republic;4/19/43, Vol. 108 Issue 16, Special Section p537
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the theory of economic expansion and the need for a permanent full employment program for every returning soldier from the Second World War in the United States. Report that the National Resources Planning Board is concerned about this issue most of all, since it is basic to all issues of social security; View that long periods of prosperity in the United States have always come when the total economy was expanding; Investment as a factor in the economic order which compensates for the deflationary effect of saving; View of economists that all money saved would be automatically invested; Belief that the investment of money by business men depends not so much on the supply available for investment as on some evidence of demand for the product that the new investment would produce; Thought of economists that a truly enormous amount must be invested if full employment is to be achieved and made continuous.
ACCESSION #
14681774

 

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