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portada Revolutionary Economics: Amending the Market System to Incentivize Efficiency
Type
Physical Book
Author
Publisher
Language
English
Pages
30
Format
Paperback
Dimensions
21.6 x 14.0 x 0.2 cm
Weight
0.05 kg.
ISBN13
9781505798111
Categories

Revolutionary Economics: Amending the Market System to Incentivize Efficiency

John James Delaney III (Author) · Createspace · Paperback

Revolutionary Economics: Amending the Market System to Incentivize Efficiency - Delaney III, John James

New Book Imported to South Africa
Delivery: 20 Aug - 03 Sep Shipping: 17 to 21 business days.
R 287
R 287

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Synopsis "Revolutionary Economics: Amending the Market System to Incentivize Efficiency"

Abstract: This essay proposes changes to the current economic system by attempting to manipulate the economic incentives around the constraints which have been most burdensome to market economies in operating efficiently. To do this, I propose a three-step system that will affect either the allocation of resources or the incentives of production. This essay assumes that the natural and recurring constraints to the market system can be modified so as to increase the level of efficient production in market economies. The first part seeks to resolve the main problem (polarization of money, which leads to recessions) facing market economies voluntarily by creating new incentives for persons to invest in the Federal Bond Market; the second identifies that taxes can be specialized based on a ratio of income and expenditures and the rate of growth rather than total income; the last part regarding monetary policy will be used to effect outstanding and inefficient market powers that fail to be resolved by the first two proposals. In equilibrium, the fiat money supply should slowly decrease so that the domestic price of goods/services falls to past levels.

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