Presenting a radical revision of modern economic theory, this analysis adjusts the entire range of economic thought in relation to the fundamental part played by land, the significance of credit-especially in the banking system-and the crucial impact of the taxation method. The resulting system based upon natural law, economic security for all, fair distribution of output, and the opportunity for self-fulfillment through work draws upon the masters of economic thought-from Smith and Ricardo to Marshall, Schumpter, and ...
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Presenting a radical revision of modern economic theory, this analysis adjusts the entire range of economic thought in relation to the fundamental part played by land, the significance of credit-especially in the banking system-and the crucial impact of the taxation method. The resulting system based upon natural law, economic security for all, fair distribution of output, and the opportunity for self-fulfillment through work draws upon the masters of economic thought-from Smith and Ricardo to Marshall, Schumpter, and Keynes-but also provides new insights by highlighting concepts often omitted from current studies of their works.
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Add this copy of A New Model of the Economy to cart. $14.07, good condition, Sold by Phatpocket Limited rated 4.0 out of 5 stars, ships from Waltham Abbey, ESSEX, UNITED KINGDOM, published 2008 by Shepheard-Walwyn Publishers.
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The description begins with:
"A New Model of the Economy - Hodgkinson, Brian
The book offers a radical revision of modern economic theory. Its starting point is the existing body of both micro and macro economics, as developed in such textbooks as "Economics" by Begg, Fischer and Dombusch and "Positive Economics" by Lipsey and Chrystal. Following a similar framework as these books, it adjusts the whole range of theory by introducing some new concepts and other earlier ones that have been much neglected in the economic thought of the past century. "
Yet how can Brian Hodgson have contrived his writing about a new model, when his work is based on the classical authors and their associated (intuitive) theories, that have just been qouted above, and in the description of the book?
This is not logical and it affects me particularly because in my book ("Consequential Macroeconomics"), I have shown that the past models are unsatisfactory and instead I REALLY have introduced a new model of this our social system. This new model contains a cold-locical methodology and provides a diagram which is "made as simple as possible without being over-simplified" (to qoute Professor Albert Einstein, when he writes about what is good scientific theory). Write to me at chestdher@gmail.com for more details which I will gladly send.