2013, English, Book edition: Sack the economists and disband their departments / Geoff Davies. Davies, Geoff, (author.)

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Sack the economists and disband their departments : the disastrous flaws in mainstream economics, and how economies can serve our total wellbeing / Geoff Davies
 
Bookmark: http://trove.nla.gov.au/version/205870918
Physical Description
  • pages.
Published
  • Wanniassa, A.C.T. BWM Books Pty Ltd,
Language
  • English

Edition details

Title
  • Sack the economists and disband their departments /​ Geoff Davies.
Author
  • Davies, Geoff, (author.)
Published
  • Wanniassa, A.C.T. BWM Books Pty Ltd,
Content Types
  • text
Carrier Types
  • online resource
Physical Description
  • pages.
Subjects
Summary
  • Mainstream economists completely failed to anticipate the financial market crash of 2007-8. They then called it an unforeseeable event. This is a clear admission that they don't understand how economies work. Yet many non-mainstream, marginalised economists gave clear warning of the approaching crash. This book shows how mainstream economics has no.
Contents
  • Cover; Title; Copyright; Praise; Contents; 1. Economists Don't Know What They're Talking About; The walking dead; Better ideas; Promoting debate; 2. Boom Crash Opera; Forever blowing bubbles; Some real-world evidence; Pyramids and Ponzi schemes; Bankers' blindness; The invisible foot; 3. Rocking Chair or Wild Horses?; Gentle rocking?; Overshoot and crash; Origins of equilibrium theory; Runaway growth; Pervasive disequilibrium; competition eliminates competitors; More sources of instability; A very different kind of system: self-organising complexity; Guiding the horses.
  • Familiar tools, new contextA more positive future?; 4. Learning to Subtract; Polluting for wealth and happiness; It's all just activity; Unpaid activity
  • loving baby; Quality of life?; Reducing life to numbers; Distorted priorities; Assessing wealth; Not even accounting; 5. Finance: Parasitic and Destructive; Conventional market critiques; Frenetic markets; Parasitic, destabilising, inefficient; Put the speculators out of business; 6. Land is not Manufactured; Our wealth; Not just another commodity; Reclaiming community wealth; 7. Workers and Bosses Unite!; Industrial co-ops.
  • Forms of collective ownershipWorking within communities; a cultural shift; Collective governance; Even further
  • a fuller democracy; 8. The Capitalist Myth.; We know best, you're here to serve; Plutocracy doesn't work; Why plutocracy doesn't work; How should rewards and responsibilities flow?; The importance of being Owner; From Can-do to Won't-do; 9. Insulating Main Street from Wall Street; What is money?; How should we finance investment?; Pre-empting Hitler
  • the path not taken; Keeping the money flowing; Saving money or saving wealth?; Separating the money supply from investment.
  • Decentralised or centralised? Government debts, inflationSave from our own efforts, don't borrow from our children; Interest-burdened money
  • the hidden private tax; Interest
  • a market failure; Multiple benefits; 10. Their Own Petards; Wealth transfers; Social engineering; Political correctness; Class warfare; 11. Wellbeing; Abject failure; Begin again; Harnessing the wild horses; Economies that serve and nurture; Rediscovering our place; Afterword; Bibliography; About the Author.
Other Form
  • Print version Davies, Geoff. Sack the Economists and Disband their Departments. Cork : BookBaby, ©2013
Language
  • English
ISBN
  • 9780992360351 (ebook)
Dewey Number
  • 330.9
Libraries Australia ID
Contributed by
Libraries Australia

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National Library of Australia. Open to the public 6415128; Pre-publication electronic record. Not yet published. Book English
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Shore School. Boer War Contingent Memorial Library. Not open to the public Book English
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