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Kahn pointed out that a dollar spent on public works might generate more than a dollar of output if the spending circulated repeatedly through the economy, stimulating resources that might otherwise have lain idle.Today's economists disagree over the size of this multiplier.
For every extra dollar of output, the world cranks out more than a dollar of debt.
Pfizer, the pharmaceutical company, has pledged to cut greenhouse emissions per dollar of output by 35percentt by 2007 compared with 2000 levels.
Concerned about China's roaring economic engine consuming too much energy, national officials aimed to cut energy use by 20percentt per dollar of output within five years.
If the United States had much more manufacturing, Mr. Fridley said, it would also use considerably more energy per dollar of output.
So even if every dollar of spending restored a dollar of output, President Obama would be nearing the end of his first term before output approached the level achieved just before the start of the recession in December 2007.
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Each Chicago worker was associated with 4728 dollars of output (about 100,000 dollars today) or 1856 dollars of value added (about 38,000 dollars today).
On a per capita basis, each Buenos Aires worker was producing 1880 dollars worth of output (or 38,000 dollars today) and 819 dollars of value added (about 17,000 dollars today). Per worker output was 2.5 times higher in Chicago than in Buenos Aires.
Japan, in contrast, uses less energy per dollar of economic output than any other developed country.
Our country uses far more energy per dollar of economic output than any industrial competitor.
Pollution per dollar of economic output has clearly declined, Mr. Lau said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com