…should use its taxing and spending powers to provide these goods. Conservatives agree that markets fail to provide ideal quantities of public goods, but they emphasize that government spending is…

…lot of money. One thing missing in these calls for privatization is the distinction between goods and services. While it may well be that such goods as shirts and shoes,…

…and more irrelevant. A new economic model is desperately needed. Since the dawning of the Industrial Revolution, wealth has been created by the production of manufactured goods. To date, the…

…worth of its money. Produced consumable goods in use, produced but not yet in use, or goods in the process of being produced, are a part of a society’s wealth;…

…make his people, at a minimum, self-sufficient enough to produce critical goods enough during times of emergencies, most essential goods at all times; would seek, always, a balanced trade equation….

…Thus the graphs show the percentage of jobs lost. Broadly speaking, employment can be broken down into goods-producing and service-providing sectors. The latter is by now about 6x the size…

…inflation to give us the relative change in the output of goods and services that our spending indicated . . . this report also gives us monthly personal income data,…

…the relationship of necessary labour to surplus labour (relative surplus value) and the relationship of direct production of consumer goods to the production of fixed capital. The input for the…

…October, the highest since May. So, where is this renewed commodity price push coming from? In the below three graphs, I’ve broken them down between finished goods (blue), energy (red),…

…has delivered about $77 billion to families across the country which, in turn, enables them to buy household goods that pump money into the economy. By protecting individuals’ incomes, the…