Foundations of the economic and social history of the United States: Empirical
I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46); aggregate this model over the course of year to state the real Gross National Product of the United States and its relationship to the rate of employment (pp. 47-62); aggregate this model over the course of many years to find the growth of the United States stated as a natural “14-year octave” within real GNP data (pp. 63-91); multiply this octave times two to find the 28-year natural rate of price fluctuation (pp. 92-112); and multiply this octave times four to find the 56-year natural rate of political change (p. 92-112). The final model (pp. 113-136) is the larger “fractal” of the model of trade which begins these essays, in essence demonstrating that the United States “trades” values over a period of time in much the same way the individual citizen trades goods and services for money on a personal basis.
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