Cover image for New Model of the Economy.
New Model of the Economy.
Title:
New Model of the Economy.
Author:
Hodgkinson, Brian.
ISBN:
9780856833205
Personal Author:
Physical Description:
1 online resource (369 pages)
Contents:
Front Cover -- Copyright -- Contents -- Acknowledgments -- Preface -- Summary -- Part One: Principles -- 1 Economic Freedom -- 2 Natural Law -- 3 The Significance of Land -- Part Two: The Theory of the Firm Re-Examined -- 4 Perfect Competition -- 5 Monopolistic Competition -- 6 Monopoly -- 7 Oligopoly -- Part Three: Factor Incomes -- 8 The Law of Rent -- 9 Transfer Earnings of Factors -- 10 Wages -- 11 Capital -- 12 Profit -- Part Four: Money and Value -- 13 Money, Credit and Interest -- 14 Value and Price -- Part Five: Public Revenue -- 15 Taxation -- 16 Historical Analysis -- 17 Externalities -- 18 Natural Monopoly -- 19 Housing -- Part Six: Macro-Economics -- 20 Outline of Macro-Economic Theory -- 21 Critique of the Theory: Land -- 22 Critique of the Theory: Money and Credit -- 23 Critique of the Theory: Taxation -- 24 The Model Reformed -- 25 The Reformed Economy and World Trade -- 26 Business Cycles -- Part Seven: Conclusions -- 27 Practical Problems of Rent as Public Revenue -- 28 Justice -- Appendix: Rent and Landlord's Claim -- Select Bibliography -- Index -- Also from Shepheard-Walwyn.
Abstract:
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.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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