Another chapter of this work discusses how in consumers, emulation and advertising are the basis for the (*) "dependence effect," the phenomenon that, as production rises, so does increase in desires.
This work criticizes American policy for not putting a cap on what percentage of an American household's income is being used to pay off debts by illustrating how American presidential candidates would always choose a policy that does not increase economic growth in its chapter "The Bill Collector Cometh." This work argues that the "monetary illusion" is that monetary policies go beyond impacting the "wage-price spiral," arguing that although it may prevent short-run inflation, it does nothing to stop it. Another chapter of this work discusses how in consumers, emulation and advertising are the basis for the (*) "dependence effect," the phenomenon that, as production rises, so does increase in desires. The first chapter of this work claims it goes against "currently accepted paradigms" that may make it seem its ideas are currently untenable. For 10 points, identify this work, followed up with The New Industrial State that popularized the term conventional wisdom, which was written by John Galbraith.
This work criticizes American policy for not putting a cap on what percentage of an American household's income is being used to pay off debts by illustrating how American presidential candidates would always choose a policy that does not increase economic growth in its chapter "The Bill Collector Cometh.
The {Affluent Society}