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The account of economic thinking refers to whether the property is finest in the hands of private or public. Thinkers and theories in the field have proven that differ in political economy and the economy of the ancient world to the present day. The author Adam Smith had classified this book for the purpose of easy reference and understanding into five books commencing from the cause of improvement in the productive powers to the expenses of sovereign of common wealth. This book deals primarily with research on the facts and grounds of the wealth of different nations.

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Mr. Adam Smith, a British Philosopher is often considered as the father of modern economics because of his vast and uninterrupted knowledge in the field of economy. This book mainly deals with the changes occurred in the economy. It also addresses the traditions they landed,   capitalists and labor types formed and dispersed national production and model the belongings of population and international trade.

The government's economic policies were questioned and modified by people like the authors who made fresh views in the twenty-first century economic thought. Through this book, the author had taken pain to make us understand the necessity of revenue of a nation, and the nature of funds etc in its large perspective. It of course is a great work indeed.

“The Theory of Leisure Class” written by Mr. Thorstein Veblen gives the readers a very vast and elaborate study and analysis in to knowing what exactly the subject matter is. According to the author a leisure class is one which was known in the last stages of barbarian culture. There were different sub classes belonging to the higher barbarian culture and were classified by different employments. The leisure class comprised of very noble and priestly classes. But basically, these classes of people were non-industrial. They were again classified under government, warfare, religious observances and sports.

According to the author, the theory of leisure class had developed because of the barbarism and conquest of some tribes over others. Once the conquerors took control, they insisted upon intensive jobs to the conquered people which retaining the more dictating and violent work for themselves. In the view of the author, these jobs put on the conquered people did not support the society in any angle.

Veblen argues that the leisure class has been able to maintain its position through both direct and indirect coercion. They prevented members of the lower classes from owning weapons or learning how to fight. There by reserving themselves the honor of warfare. They also feel the leisure class to the other tribe. We possibly will also be aware of that the first priests and religious leaders be there as the part of the leisure class.

The United States census is performed by the United States Census Bureau. The first census after the American Revolution was taken in 1790 under the Secretary of State Mr. Thomas Jefferson whereas the latest national census was held in 2010 and the next census is scheduled in the year 2020. Ten years between censuses, the Census Bureau calculates that the use of surveys and statistical models in the American Community Survey. This survey is mainly based on the report issued on the phase of education which stated that the people in the United States are receiving 10% more of a certain level of education than they were a decade before.

This study takes us to know the chances of getting a grade school diploma in comparison with the year 1981 to 1991 which would be an average of 5%. The study also asserts that the years and the figure may not be exact but very much near to the exact figures.

A casual study of this report will make the reader understand that the decennial U.S. Census figures are based on actual counts of persons dwelling in United Stated residential structures. They include citizens, non-citizen legal residents, non-citizen long-term visitors and illegal immigrants. Census Bureau based its decision on whom to rely on the concept of ordinary residence. According to the Census Act of 1790, the usual residence is defined as the place a person lives and sleeps most of the time. So overall the study reveals the fact that the education went down about 5% from 1981 to 1991.