| Description |
1 online resource (277 p.) |
| Series |
Springer Studies in Alternative Economics |
|
Springer Studies in Alternative Economics
|
| Contents |
Intro -- Preface -- Acknowledgements -- Contents -- About the Author -- 1 Introduction -- References -- 2 Concordian Economics: An Overall View -- 2.1 A Fundamental Prequel -- 2.2 A Bit of History -- 2.3 Once Upon a Time -- 2.4 The Behavior of the Market -- the Methodology of Modern Economics -- 2.5 We Need a New Paradigm -- 2.6 We Have a New Paradigm -- 2.7 The Economic Process -- 2.8 A Geometric Representation of Economic Dynamics -- 2.9 How Can Equilibrium Be Restored? -- 2.10 Horses of Inequality -- 2.11 Rights Versus Privileges -- 2.12 The Relative Weight of Concordian Economic Policies |
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2.13 Who Are the Opponents? -- 2.14 Serving Four Masters -- 2.15 Conclusion -- References -- 3 Concordian Economics: Tools to Return Relevance to Economics -- 3.1 Introduction -- 3.2 Tools to Control Economic Theory -- 3.2.1 Existing Tool Kit -- 3.2.2 New Tools in Economic Theory -- 3.3 Tools to Control Economic Policy -- 3.3.1 Existing Tool Kit -- 3.3.2 Proposed Tools to Control Economic Policy -- 3.3.3 A Pause -- 3.4 Tools to Control Economic Practices -- 3.4.1 Lack of an Existing Tool Kit -- 3.4.2 New Tools to Control Economic Practices -- 3.5 Conclusion -- References |
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4 From the Revision of Keynes' Model to Economics for Physicists and Ecologists -- 4.1 Part I: A Revision of Keynes' Model -- 4.1.1 Introduction -- 4.2 Section I -- 4.3 Section II -- 4.3.1 Introduction -- 4.4 Section III -- 4.4.1 Introduction -- 4.5 Part II: Economics for Physicists and Ecologists -- 4.5.1 Introduction -- 4.5.2 Conclusion -- References -- 5 From the Logic of Mainstream Economics to the Logic of Concordian Economics -- 5.1 Introduction -- 5.2 The Root of the Problem -- 5.2.1 The Need for Homogeneous Ideas -- 5.2.2 Concepts -- 5.2.3 Theories -- 5.2.4 Systems -- 5.2.5 Processes |
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5.3 Conclusion -- References -- 6 Preparing for Concordian Econometrics -- 6.1 Introduction -- 6.2 A Few Simplifying Assumptions -- 6.3 The Question of Units of Measurement -- 6.4 The Geometry of Concordian Economics -- 6.5 A Method for the Transformation of Keynes' Model -- 6.6 The Mathematics of Concordian Economics -- 6.7 A Set of Nonlinear Hypotheses -- 6.8 Concordian Economics and the Business Cycle -- 6.9 Concordian Economic Analysis -- 6.10 Some Concluding Comments -- Appendix 1: Symbols, Meanings, and Definitions -- Meanings in Concordian Economics and Mainstream Economics |
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Definitions in Concordian Economics and Mainstream Economics -- Appendix 2: The Derivation of the Distribution and Consumption Function in Concordian Economics from Modigliani's Saving Function -- References -- 7 The Economic Bubble and its Measurement -- 7.1 Introduction -- 7.2 Concordian Economics and the Economic Process -- 7.3 The Geometric Identification of Economic Bubbles -- 7.4 The Mathematical Measurement of the Economic Bubble -- 7.5 How Are these Values Determined? -- 7.6 Better Than Gold -- 7.7 Conclusions -- References -- 8 The Moral Problem: The Free Rider Problem |
| Summary |
This is the first part of a two-volume set on Concordian economics, a new paradigm whose core completes the Aristotelian-Aquinian project of economic justice. The book delves into the history of economics and presents Concordian economics as a response to the concerns and shortcomings of mainstream economics. Demand-side economics is represented in the process of consumptionthe expenditure of monetary wealth to acquire real wealth and financial wealth of a different nature. In contrast, supply-side economics is represented in the production process, the process of producing real wealth, e.g. tables, chairs and foodstuffs. Institutionalists will also welcome this book because it ties the world of real wealth to that of monetary wealth through the process of distributing the value of ownership of both monetary and real wealth as they are created. The book begins with an introduction to Concordian economics, followed by a discussion of how to restore relevance to the field of economic studies. It also presents a revision of the Keynesian model designed to gradually address the major social, economic, and political causes of discord. Moreover, the author warns against the separation of economics from the world of physical things as well as the world of legal and moral issues. Following a discussion on the measurement of real wealth, econometrics is introduced in accordance with the categories of Concordian economics. Lastly, the book develops a theory of economic justice by defining a set of economic rights and responsibilities that guide economic behavior and policy. This book appeals to scholars and students of economics and related fields, as well as anyone interested in reintegrating economics into the social context |
| Notes |
8.1 Introduction |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (SpringerLink, viewed December 20, 2023) |
| Subject |
Economics -- Philosophy
|
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Economics -- Philosophy.
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| Form |
Electronic book
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| ISBN |
9783031473203 |
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3031473205 |
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