Invisible, Outlawed, And Untaxed: America's Underground Economy

Hardcover | April 1, 1993

byHarry I. Greenfield

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This work examines America's growing underground economy--its size, nature, and economic effects. The study begins with a critical analysis of the various methods used for measuring the size of the underground economy in the United States. It then develops a definition of the underground economy which is consistent with our system of national accounts. A sector-by-sector approach is used to measure the actual size of this sub-economy and to estimate the labor force involved. Finally, the author explores the economic consequences for the general economy of significant underground economic activity--for example: tax evasion, economic efficiency, and cyclical aspects. This work will be of interest to scholars, students, and policy-makers in economics, economic policy, political science, and criminology.

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From the Publisher

This work examines America's growing underground economy--its size, nature, and economic effects. The study begins with a critical analysis of the various methods used for measuring the size of the underground economy in the United States. It then develops a definition of the underground economy which is consistent with our system of n...

Format:HardcoverDimensions:152 pages, 9.41 × 7.24 × 0.98 inPublished:April 1, 1993Publisher:Praeger Publishers

The following ISBNs are associated with this title:

ISBN - 10:0275945073

ISBN - 13:9780275945077

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