TECHNICAL PAPERS
Oct 1, 1983

Availability Mechanics: Logical Economics

Publication: Journal of Professional Issues in Engineering
Volume 109, Issue 4

Abstract

Efforts to cure our recurring economic problems have resulted in trade‐offs among inflation, interest rates, and unemployment, and have not promoted economic growth. The failure of these efforts is due to failure to correctly identify the basic problems. As a result, the symptoms rather than the causes of our economic and social problems are treated. A logical framework for identifying and solving these problems is presented and some examples are provided illustrating its application. Engineers, because of unique abilities and interests in solving problems, have social responsibilities for raising economic issues and proposing solutions.

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Journal of Professional Issues in Engineering
Volume 109Issue 4October 1983
Pages: 265 - 273

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Published online: Oct 1, 1983
Published in print: Oct 1983

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George F. McMahon, A. M. ASCE

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