Includes bibliographical references and index.

Contents: Introduction -- Unemployment and full employment in the American economy -- Inflation and the redistribution of wealth -- The Construction sector and public policy -- Price flexibility and the international money market -- Currency devaluation, economic stability, and individual welfare: The French experience -- Excise tax reductions and commodity prices -- The Problems of the performing arts and economic analysis -- Economic concepts and social questions -- How the government measures unemployment -- The Consumer price index - a short description -- Relative importance of components in the consumer price index.