 IntroductionJohn Mills Chapter 1 in America’s Soluble Problems, 1999, pp 1-22 from Palgrave Macmillan Abstract: Abstract A sense of perspective is needed when writing about the economic problems facing the United States, especially if the author is an outsider. The US economy is not faultless, but judged by the standards of an imperfect world it is in most respects outstandingly successful. It provides its citizens, on average, with a higher standard of living than anywhere else in the world. It has done so almost continuously for the whole of the twentieth century. It acts as a magnet to people from poorer countries, and from many richer ones too, not only because of its prosperity, but because America always has been a land of exceptional opportunity. The US is a beautiful and varied country, pulsing with vitality and innovation. The efficiency with which much of its economy works is breathtaking. No-one can arrive in New York, or spend a day in Yellowstone National Park, or visit the Smithsonian Institution in Washington DC, or watch the best of American films, without realising that the achievements of the United States of America stand, in many respects, in a class of their own. Keywords: European Union; Labour Force; Current Account; Living Standard; Trade Deficit (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27407-9_1 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-27407-9_1 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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