The Illustrated Guide to the American Economy

is a valuable asset for anyone seeking to make sense of economic news or, more importantly, to place it in a broader context. The book consists of straightforward, objective statements about the United States, each one explained in Too often, we lack the basic facts we need to understand and judge what we learn about the U.S. economy. Listening to TV or reading newspapers raises questions such as: how rich is the American economy compared with other times and other countries? And what is happening to the relative earnings of women or blacks compared with white males? How heavy are American tax burdens today compared with earlier times and other countries?

 

This thoroughly revised third edition brings the information up to date and expands the treatment of many subjects, including total returns to capital; how education affects labor force a page of text accompanied by a page of bold, four-color charts.