Contents
Part I The Equilibrium Principle: A Natural Dynamic State
Chapter 1 What Happens There Matters Here
Chapter 2 It’s the Global Economy
Chapter 3 Politics and the Economy
Chapter 4 GDP: The Perfectly Imperfect Measurement
Chapter 5 Consumers and Consumption: Follow the Money
Chapter 6 Shifting Sands: Consumers Prefer Services
Chapter 8 Saving and Investing: Equilibrium at Work
Chapter 9 Real Estate: Is It Still Location, Location, Location?
Chapter 10 Lighten Up: Capital Expenditure and Intellectual Property
Chapter 11 Inventories: The Buffer Between Production and Consumption
Chapter 12 State and Local Governments: Where Spending Gets Done
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