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Published online by Cambridge University Press: 05 August 2009
During a 1957 Notre Dame conference entitled “What America Stands For,” Karl De Schweinitz, Jr., examined the “contemporary problems of the American economy.” His major themes should be familiar: the effect of concentration of power and production on the functioning of the economy; the instability which the economy exhibits from year to year; and the continuing tension in the economy between individual preferences and economic imperatives.
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