More Than Laissez-Faire
A PICTURE OF THE WHOLE: This is a book about the macroeconomic perspective.
· How do you take politics out of economics?
This is not only a most pressing question, but it is also the solution to the economic problems. Economics is not about efficiency or redistribution. Economics is about finding the best ways to achieve the goals of peace and prosperity, which automatically excludes politics!
· Why is economic theory useful?
Economics is a science; however, it is a philosophical science. It is a human science, a science of human action. Economic theory provides the intellectually satisfying and vital alternative to the contemporary practice of converting people into data to be used and abused by technocrats for political purposes.
· What is different about “More Than Laissez-Faire”?
It is a continuation of the classical liberalism tradition, incorporating subjective human choices and actions. But what really sets it apart is the model which is a new economic technology.
· See how this model is better.
1. The model uses the methodology of subjectivism.
2. The model starts simply and becomes more complex and dynamic.
3. The model has four main elements: human spirit, transformation, law, and order.
4. All economic theory and concepts are integrated into the model.
5. The model introduced in this book constitutes a new economic technology.
· There are eleven sensible policies.
After a thorough examination of economic theory eleven clear, ethical, and practicable macroeconomic policies are suggested.
· And much, much more!