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The Economic Value of Public Goods

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http://www.scirp.org/journal/PaperInformation.aspx?PaperID=51046#.VFL8smfHRK0

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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. 
 

[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.                                               eww141031lx
 
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