More than Laissez Faire: A Macroeconomic Textbook Alternative
Material type: TextSeries: Divine Economy TheoryProducer: CreateSpace Independent Publishing Platform/Divine Economy Consulting 2015Description: 104 p. indexISBN:- 0996095551
Item type | Current library | Call number | Status | Date due | Barcode | |
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Printed or electronic book | New Zealand National Baha'i Reference Library | Available |
In this first book of the four book series Bruce Koerber has given to the world (and to the science of economics) a new economic model which connects human beings to the world around them. This is done using the methodology of subjectivism, in other words, all humans make subjective decisions that lead to the actions that they take and this is what is conveyed in the model. After twenty years of study and contemplation of the literature of classical liberalism the seed of a model appeared in a dream and it is from that seed that all of the variations of the model came into existence. One parallel outcome is the expansion far beyond what exists in the economic literature regarding the uses of production possibilities frontiers (PPF), and understanding the causes of an expanding or a contracting economy. The macroeconomic perspective of this book, which culminates with the merging of the model and sound theory, ultimately comes to a conclusion with eleven clear, ethical, and practicable policies. "I'm always glad to see a new approach to solidly reasoned economic theory that may be able to reach a new segment of the population." Jim Cox, author of "The Concise Guide to Economics" The economy, it turns out, is something "More Than Laissez-Faire" and that is because there is absolutely no moral authority for human intervention into the economy. Up until now the human science of economics has recognized the physical and the intellectual reality of human beings but at that point it stops. True science, however, continually advances into the unknown using valid scientific methodology. This is the more complete picture of economic science that you will find in this book and fortunately it is written in such a way that both a general audience and an economics-minded reader will enjoy.