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 AM  Vol.5 No.18 , October 2014
The Economic Value of Public Goods
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Abstract: This paper explores US entrepreneurial history and public budgets from President Eisenhower’s election in 1952 until the beginning of the Obama administration 2008. A mix of market forces, structural changes and a tendency toward unfettered capitalism [1] challenge diagnosis. This analysis examines these complexities with 216 business quarters of economic history. It also provides a mathematical model to characterize in broad strokes positive governance modeling for business. This work is important as economic growth ensures a nation’s ability to protect its citizens.
Cite this paper: Cummins, T. (2014) The Economic Value of Public Goods. Applied Mathematics, 5, 2862-2865. doi: 10.4236/am.2014.518272.
References

[1]   Hibbs Jr., D.A. (1993) Solidarity or Egoism. Aarhus University Press, Denmark.

[2]   Volcker, P. (2008) Changing Fortunes. Random House, New York.

[3]   Piketty, T. (2014) Capital in the 21st Century. Harvard Press, USA.

[4]   US OMB Historical Tables, Budget of the US Government (2013) Fiscal Year 2013, USA.

[5]   Jorgensen, P. (2008) Operators & Representation Theory. Dover, New York.

[6]   US BEA (2013) US Real GDP by Year, USA.

[7]   Becker, G.S. (1992) The Economic Way of Looking at Life. Nobel Lecture, Chicago.

 
 
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