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Volume II proposes radical reform (1) of the accounting system - to bring corporate management under the control of market forces; and (2) of the tax system - to enable the economy to grow to its full potential and to establish an automatic mechanism for price stability without any arbitrary intervention.

Exposes two fundamental theoretical errors responsible for the bankruptcy of modern economic policy. Toxic economic theory originates from its misconceived division into separate micro- and macro- compartments. It is responsible for fraudulent accounting standards, a dysfunctional system of taxation, and totally bankrupt macroeconomic policy.