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 Dollarization and De-dollarization in Transitional Economies of Southeast Asia by Maher Kababji
Cover of the book An Interesting Theory -Why Interest Rates are Important but not for the Reasons Commonly Assumed by Maher Kababji
Cover of the book Bank Soundness and Macroeconomic Policy by Maher Kababji
Cover of the book Is the Glass Half Empty Or Half Full? by Maher Kababji
Cover of the book Asian Financial crises: Origins, implications and solutions by Maher Kababji
Cover of the book Essays in the Fundamental Theory of Monetary Economics and Macroeconomics by Maher Kababji
Cover of the book Postmodern Portfolio Theory by Maher Kababji
Cover of the book John Stuart Mill: T. E. Cliffe Leslie On the Land Question (Illustrated) by Maher Kababji
Cover of the book Democratizing Money? by Maher Kababji
Cover of the book Elementary Principles of Economics (Illustrated) by Maher Kababji
Cover of the book The Fall of the Celtic Tiger by Maher Kababji
Cover of the book Charles Peirce on Mathematical Logic and Foundations (Illustrated) by Maher Kababji
Cover of the book Determinants of Financial Development by Maher Kababji
Cover of the book Macroeconomic Issues and Policies in the Middle East and North Africa by Maher Kababji
Cover of the book Management, Valuation, and Risk for Human Capital and Human Assets 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