A New Model of the Economy - Hardcover

Hodgkinson, Brian

Hardcover

ISBN 10: 0856832502 ISBN 13: 9780856832505

Publisher: Shepheard-Walwyn, 2008

Synopsis

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.

About this title

About the Author:

Brian Hodgkinson was a chartered accountant in the city of London and a graduate from Balliol College–Oxford. He is the founding editor of the economics journal British Economy Survey and the author of The Advancement of Civilisation in the Western World, Bhagavad Gita, and The Essence of Vedanta.

Review:

"A very important book. . . . [It] is much more relevant to the present state of the real-world economies than the models offered by most economics textbooks."  James Robertson Newsletter

"I applaud his book and recommend it unreservedly to readers with a serious interest in the subject."  Working for a Sane Alternative

"Brian Hodgkinson deftly pulls together many strands of alternative thought and presents them in a format which no economist can easily dismiss. This is a remarkable book."  guardian.co.uk

"This is a major new work of great potential importance."  Land & Liberty

"Presents a new model of economic theory that takes into consideration the idea of spatial location."  Journal of Economic Literature

"The author claims that economists today employ 'flat-earth' models, which are unrealistic. They ignore the huge influence of spatial location, which gives rise to economic, or Ricardian, rent. In short, the book offers a model for fundamental reform."  Abstracts of Public Administration, Development and Environment (APADE)

"This book presents as rational and as clear a theory of economic prosperity for the whole of society as I’ve ever seen. You cannot help but agree with its conclusions . . . explained with a healthy dose of common sense." —Martin Adams, progress.org

About this edition

• Publisher: Shepheard-Walwyn
• Publication date: 2008
• ISBN 10: 0856832502
• ISBN 13: 9780856832505
• Binding: Hardcover
• Number of pages: 368