Author : Dr. Richard E. Itteilag
Publisher : AuthorHouse
ISBN 13 : 1477217371
Total Pages : 72 pages
Book Rating : 4.75/5 ( download)
Book Synopsis Holy Capitalism by : Dr. Richard E. Itteilag
Download or read book Holy Capitalism written by Dr. Richard E. Itteilag and published by AuthorHouse. This book was released on 2012-07-24 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gates/Ellison Unemployment Trap. I.e., productivity v. unemployment or the Productivity Trap or the more the US economy innovates the more the US economy creates unemployment. The thesis here is that in United States (U.S.) capitalism, unemployment is 'sticky' at 9+% permanently regardless of U.S. government fiscal policy or even Federal Reserve Bank monetary policy.