The Waste Of Nations: Dysfunction In The World Economy

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The Waste Of Nations: Dysfunction In The World Economy

By Douglas Dowd
Westview Press, 1989
138 pp. $29.95
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The waste is in arms production, unemployed resources, restrictions on output, financial manipulation, advertising, unnecessary activities generated by the pursuit of profit, bureaucracy, and the overcapacity in some fields that coexists with shortages in others. The analysis slips back and forth between perceptive insights and good historical perspectives on the one hand and conventional arguments-some mainstream, some left-leaning-on the other.

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