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  E-mail Message: I thought you might be interested in this item at http://www.worldcat.org/oclc/863620623 Title: Political arithmetic : Simon Kuznets and the empirical tradition in economics Author: Robert William Fogel; Enid M Fogel; Mark Guglielmo; Nathaniel Grotte Publisher: Chicago, Ill. [u.a.] : Univ. of Chicago Press, cop. 2013. ISBN/ISSN: 9780226256610 0226256618 OCLC:863620623

  
  

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Political arithmetic : Simon Kuznets and the empirical tradition in economics

Author:	Robert William Fogel; Enid M Fogel; Mark Guglielmo; Nathaniel Grotte
Publisher:	Chicago, Ill. [u.a.] : Univ. of Chicago Press, cop. 2013.
Series:	NBER series on long-term factors in economic development.
Edition/Format:	Print book : EnglishView all editions and formats
Summary:	"We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn't the case - economists simply didn't have the necessary information or statistical tools to understand the ever more complicated modern economy. With Political Arithmetic, Nobel Prize-winning economist Robert Fogel and his collaborators tell the story of economist Simon Kuznets, the founding of the National Bureau of Economic Research, and the creation of the concept of GNP, which for the first time enabled us to measure the performance of entire economies. The book weaves together the many strands of political and economic thought and historical pressures that together created the demand for more detailed economic thinking - Progressive-era hopes for activist government, the production demands of World War I, Herbert Hoover's interest in business cycles as President Harding's commerce secretary, and the catastrophic economic failures of the Great Depression - and shows how, through trial and error, measurement and analysis, economists such as Kuznets rose to the occasion and in the process built a discipline whose knowledge could be put to practical use in everyday decision-making. The product of a lifetime of studying the workings of economies and skillfully employing the tools of economics, Political Arithmetic is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas."--Publisher's description.  Read more...
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Subjects	National Bureau of Economic Research. Economics -- Research -- United States. National income -- United States -- Accounting -- History -- 20th century. View all subjects
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