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In this book the authors take a scientific scalpel to the “money problem” by applying the Accounting System Dynamics (ASD) method they developed and identifies the root cause of the major problems facing our economy. Specifically, the ASD method has made it possible to propose a paradigm shift in economics by challenging the mainstream theories that fail to incorporate endogenous debt money, including standard IS-LM analysis, new Keynesian and neoclassical models, and recent Modern Money Theory (MMT). Building on empirical and theoretical analyses, this book then proposes the issuance of...