Leakage: The Bleeding of the American Economy

Presents a new perspective in macroeconomics, looking at the development of the economy during various periods from the Great Depression to the Bush administration, and demonstrating that the behavior of the national economy is predictable. Argues that some of the national income is not being used for the production of goods and services, and this leakage is the major independent variable that controls the national output and the rate of growth of the output. Annotation c. by Book News, Inc., Portland, Or.