The Real American Model. James K. Galbraith.
by Galbraith, James K; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 17Business. Publisher: Opendemocracy.net, 2003ISSN: 1522-3191;.Subject(s): Economic forecasting | Education -- Higher | Europeans -- Attitudes | Housing | Keynesian economics | Labor market | Medical care | Social security | United States -- Economic policy | United States -- Economic relations -- EuropeDDC classification: 050 Summary: "The US economic model that commands around a third of the world's wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class--health care, education, housing and pensions: systems of provision that have little to do with the free market." (OPENDEMOCRACY.NET) The author reasons that the European perception of the American economic model has "little foundation in the American reality" and "is useless as a guide to American economic performance" and presents his views on "the real American model."| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2004 Business Article 17 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: The Real American Model, July 2003; pp. n.p..
"The US economic model that commands around a third of the world's wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class--health care, education, housing and pensions: systems of provision that have little to do with the free market." (OPENDEMOCRACY.NET) The author reasons that the European perception of the American economic model has "little foundation in the American reality" and "is useless as a guide to American economic performance" and presents his views on "the real American model."
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