This book challenges the traditional law of supply and demand, shows how hunger for capital gains starves the producing economy, demonstrates that the Bankers' COLA (or interest premium to protect them from inflation) costs the economy more than $500 billion a year and is the principal cause of inflation, refutes the barbarous hypothesis of a natural rate of unemployment, exposes laughable inconsistencies in the contemporaneous notion of labor productivity, and explains the changes in the meanings of property and of money that are ushering in the twenty-first century. All the foregoing (and...
This book challenges the traditional law of supply and demand, shows how hunger for capital gains starves the producing economy, demonstrates that the...
When Adam Smith pioneered modern economics in the eighteenth century, it was a branch of philosophy. By the close of the nineteenth century, economists had discovered the usefulness of mathematical tools from classical mechanics, and by the end of the twentieth visions of clicking pool balls reigned supreme. Except for one insightful critic: George Brockway. First writing for The New Leader and then in this seminal text, Brockway skewered mainstream economists who assumed away the free will of participants in the economy.
This book establishes an economics in which men and women are...
When Adam Smith pioneered modern economics in the eighteenth century, it was a branch of philosophy. By the close of the nineteenth century, econom...
