The authors, both economists at the Claremont Economics Institute in California, present in clear terminology a look at macroeconomics, stressing the differences between two economies--the production economy, which looks at new goods, services, and savings and investment, and the portfolio economy, which examines previous economic activity. Using historical principles, management savvy, and the willingness to use capital money to rebuild older factories into efficient production units (just as the United States helped Western Europe and Japan get on their feet after World War II), a strong economy can be achieved. A thought-provoking look at a future economic scenario.
- Steve Mayover, Free Lib . of Philadelphia
Copyright 1989 Reed Business Information, Inc.

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