Pitfalls in Economic Thinking

Business & Finance, Economics, Macroeconomics
Cover of the book Pitfalls in Economic Thinking by Maher Kababji, Maher Kababji
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Maher Kababji ISBN: 9781370796007
Publisher: Maher Kababji Publication: March 18, 2017
Imprint: Smashwords Edition Language: English
Author: Maher Kababji
ISBN: 9781370796007
Publisher: Maher Kababji
Publication: March 18, 2017
Imprint: Smashwords Edition
Language: English

One of the main functions of a government is to sustain all its population at or above the prosperity level which expresses the feasible material standard of living that an economy can provide. Governments failed to realize prosperity. Financial distress is increasing. Corruptions are going on around the world. Poor is becoming poorer. Living standard of middle class is declining. Relatively small number of individuals and corporations are controlling huge pools of capital. Public debt is increasing. Confidence in currencies is deteriorating.

In order that an organized body of knowledge might be classified as science, its hypothetical law must be based on facts. Unlike any other social science, fallacies are the root of the technique of thinking in economics. It is time to change.

This book aims to discuss in simple wording each of the factors that causes the failure of the present economic systems to realize prosperity, highlight the pitfalls in economic thinking, and introduce an alternative fair economic system that would reflect fair economy and advance the needs of humanity as a whole.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

One of the main functions of a government is to sustain all its population at or above the prosperity level which expresses the feasible material standard of living that an economy can provide. Governments failed to realize prosperity. Financial distress is increasing. Corruptions are going on around the world. Poor is becoming poorer. Living standard of middle class is declining. Relatively small number of individuals and corporations are controlling huge pools of capital. Public debt is increasing. Confidence in currencies is deteriorating.

In order that an organized body of knowledge might be classified as science, its hypothetical law must be based on facts. Unlike any other social science, fallacies are the root of the technique of thinking in economics. It is time to change.

This book aims to discuss in simple wording each of the factors that causes the failure of the present economic systems to realize prosperity, highlight the pitfalls in economic thinking, and introduce an alternative fair economic system that would reflect fair economy and advance the needs of humanity as a whole.

More books from Macroeconomics

Cover of the book World Economic Outlook, May 2001: Fiscal Policy and Macroeconomic Stability by Maher Kababji
Cover of the book Regional Economic Outlook: Asia and Pacific, May 2009 by Maher Kababji
Cover of the book Vietnam: Transition to a Market Economy by Maher Kababji
Cover of the book Fiscal Policy in Sub-Saharan Africa in Response to the Impact of the Global Crisis by Maher Kababji
Cover of the book Alternative Economics: Reversing Stagnation by Maher Kababji
Cover of the book Regional Economic Outlook, October 2018, Sub-Saharan Africa by Maher Kababji
Cover of the book Wage-Led Growth by Maher Kababji
Cover of the book Trade Policy Issues by Maher Kababji
Cover of the book Public Debt, Global Governance and Economic Dynamism by Maher Kababji
Cover of the book India: Economic Reform and Growth by Maher Kababji
Cover of the book Rapid Credit Growth in Central and Eastern Europe: Endless Boom or Early Warning? by Maher Kababji
Cover of the book Macroeconomic Analysis and International Finance by Maher Kababji
Cover of the book China and India Learning from Each Other: Reforms and Policies for Sustained Growth by Maher Kababji
Cover of the book Rules and Discretion in International Economic Policy by Maher Kababji
Cover of the book Preludes to the Icelandic Financial Crisis by Maher Kababji
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy