The Economic Value of Public Goods

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.