Economics Volume II: Modern Economic Problems

This volume offers a clear‑spoken tour through the pressing economic questions that shaped American life in the early twentieth century. Written for both scholars beginning their study of economics and for any curious citizen, the author treats abstract principles and concrete policy debates with equal rigor, always reminding the reader that numbers sit inside a web of politics, morals and social habits.

The chapters move from a survey of the nation’s material resources and the ways wealth has been measured, to detailed discussions of money and banking, labor relations, and the emerging field of insurance. Throughout, the analysis stays rooted in economic valuation while flagging when moral or political judgments begin to intrude. Updated with the latest legislation of its day, the book equips listeners to weigh competing arguments and form their own reasoned views on issues that still echo today.