This groundbreaking principles of economics text is devoted to explaining basic economics with an issues and policy focus to undergraduates in survey and other introductory economics courses. It offers the optimal blend of theory, issues, and policy analysis, and covers micro-, macro, and international aspects of America's economy.

This unusual volume marks the sixtieth anniversary of the National Bureau of Economic Research. In contrast to the technical and specialized character of most NBER studies, the current book is designed to provide the general reader with a broad and critical overview of the American economy. The result is a volume of essays that range from monetary policy to productivity development, from population change to international trade.

First Published in 2005. This study looks at the economic history of the United States, taking in such areas as the developing population of America, the impact of the railroads and expansion of industry and Government from 1760 to 1940. It charts the progress, decline and stabilisation of the farming and agriculture industry; looks at banking and international trade tariffs and the onto the Depression and new 'American Way of Life'.