By James C. Bennett, Michael J. Lotus
America’s maximum days are but to return.
We are in a painful transition interval. Our govt is crushingly dear, failing at its uncomplicated features, and not able to maintain its delivers. It doesn't paintings and it can't proceed because it is. however the inevitable finish of massive executive doesn't suggest the tip of the USA. It merely potential the tip of 1 part of yankee lifestyles.
America is poised to go into a brand new period of freedom and prosperity. The cultural roots of the yank humans return not less than fifteen centuries, and make us individualistic, enterprising, and liberty-loving. The Founding new release of the us lived in an international of family members farms and small companies, the US 1.0. This international light away and was once changed via an industrialized global of huge towns, significant company, tremendous exertions unions and large govt, the US 2.0. Now the USA 2.0 is superseded and crumbling, whereas the USA 3.0 is suffering to be born. This new international will convey sizeable productiveness, quick technological growth, larger scope for person and family-scale autonomy, and a leaner and strictly constrained govt.
America has made one significant transition already, and commercial the USA grew to become an monetary colossus. we're now creating a new transition, for you to shock many american citizens, and astonish the area.
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Extra info for America 3.0: Rebooting American Prosperity in the 21st Century—Why America’s Greatest Days Are Yet to Come
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Candidates will be expected to show understanding of the ways in which institutions affect the working of the economy rather than precise detail about the workings of individual institutions. III. THE HANDLING, PRESENTATION AND INTERPRETATION OF QUANTITATIVE DATA In this field the purpose will be to test the candidate's understanding of the nature and limitations of the data on which economic decisions must be based, and of the more elementary ways in which such data can be handled and presented so as better to permit interpretation and comparison.
I) Understanding of the general characteristics of the main sources from which economic data are obtained: the imperfections and margins of error of data. (2) Problems of measuring change: measurement of 30 price changes; measurement of real changes; time series; difficulties caused by seasonal or climatic variations and methods of eliminating them. (3) Problems of measuring the average level and the distribution of some phenomenon. (4) The logical problems of the use of economic data to interpret causal relationships: the simpler methods of attempting this, scatter diagrams, lines fitted by inspection (but not the detailed techniques of calculating regression) ; the validity of such operations and the limitations of the inferences that can be made.