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Real estate is sold as a much safer investment than the constantly fluctuating stock market. Share price volatility is compared unfavorably with the steadier and impressive gains made from real estate which is, we are told, 'as safe as houses'. This book details the cyclical nature of real estate.
Based on a study of property markets over the last 200 years, Harrison warns of the danger to banks, business and jobs of ignoring a remarkably regular 18-year cycle. He accuses Gordon Brown of giving people a false sense of security by his repeated claim, last made in his 2007 Budget speech, that 'we will never return to the old boom and bust'
The New School of Economics offers a coherent plan to transform our current confining and unjust economic system into a fair and prosperous economics with opportunities for all. This book addresses systematic issues and offers a roadmap to overcome denied access to prosperity, by creating a more just and vibrant society where everyone has an opportunity to thrive and find fulfilment. The author introduces a more simplified introduction to the world of Physiocracy, and the physiocrats, the 18th century group of economists who believed that the wealth of nations derived solely from the value of ' land agriculture' or ' land development' and that agricultural products should be highly priced. At the center of this book is the movement of a new way of economic thinking. With their political-economic framework, The New Physiocrats refer to this as the ' New School of Economics' . The New School of Economics presents many opportunities for lively debate. Especially now, when the whole banking system is about to collapse. The author presents an entirely new banking and tax system that is a much fairer distribution of resources and their allocation than ever before.
With an updated introduction by Fred Harrison, Shepheard Walwyn has now published this classic book as an eBook. Economists know that the optimum conditions for private enterprise are achieved when taxes on the earned incomes of labour and capital are reduced to zero but, because neoclassical economic theory insists on treating land as capital, they dismiss the obvious alternative to taxing labour and capital - the unearned income from land. Prof. Mason Gaffney explains the importance of recognising land as a distinctive factor of production and the consequences of its uniqueness for economic policy, for example, that income from land is subject to market forces quite different from those that determine return on capital. Prof. Tideman brings together the classical literature on land taxation to explain the argument that such taxation is an economically efficient and ethical revenue source. The authors argue that reform of the structure of public finance would make it possible to restore full employment without causing inflation and to reduce the overall tax burden.
With the eclipse of the New Right, politicians now admit that society is in crisis. Something must be done, but, explain the authors, governments will fail again unless they shake off the economic orthodoxy which is now one of the problems rather than the means to a solution. This book investigates the roots of the problem, both historically and theoretically. Dr Michael Hudson draws on archaeology and history, from Bronze Age Mesopotamia through Rome to Byzantium, to show how a destructive virus crept into the body politic. This led to a breakdown in man's relation to the environment and divided society into a wealthy ruling oligarchy and an impoverished majority. The Welfare State is an attempt to remedy this inequality. However, despite the escalating cost to taxpayers, the Welfare State has failed to stop the widening gap between the rich and the poor. Drawing on medical evidence, Dr George Miller demonstrates that not only have the poorest grown poorer relatively, but their health has suffered disproportionately. Hence people born into the lowest classes still have a greater chance of dying before they can enjoy their pensions. A century ago Henry George, in his world-famous Progress and Poverty, asked why there still was poverty, when the Industrial Revolution had made it possible to make in a day what had taken weeks or months previously. Dr Kris Feder shows how the Georgist paradigm provides an ideal way of tackling the many ills besetting the industrialised and third worlds. Nobel prize-winning economists recommend it as the way forward for Russia. Dr Feder clears away misrepresentations of George's thesis and explains how it would not only lead to a fairer distribution of wealth, but would also simplify the tax system.
Revealing the mystery of persistent economic failure, this book explains how the distorted view of economics has protected vested interests and prevented a more efficient economy, more equitable distribution of wealth and greater protection for the environment. This book is for those who know there is something wrong with our current system and want to discover more about what this is and what can be done to put it right. Some years ago, The Economist carried a lead editorial, ' The puzzling failure of economics' . The frank admission was provoked by the publication of a new edition of Paul Samuelson's Economist. The editorial concluded that it ' is not a failure of economics, in fact, but of modern [neo-classical] economics' . In the second edition of The Corruption of Economics, the authors argue there is nothing puzzling about this failure. They document how the integrity of economics as a discipline was deliberately compromised towards the end of the 19th century. The tool for this strategy became new-classical economics. Classical economists like Adam Smith had described wealth as the product of three factors - land, labour and capital, whereas the new theorists reduced these to two, labour and capital, treating land as capital. The effect, the authors reveal, was to deprive professional economists of the ability to diagnose problems, forecast important trends and prescribe solutions. Neo-classical economics condemns the post-industrial economy to protracted periods of economic failure.
The present study seeks to trace the history of natural law within this wider social framework. In particular it seeks to show that insights from the natural law tradition have practical application in our own times, especially in the search for social and economic justice.
Volume IV forms the Index, Definitions, Glossary and Bibliography to this three-volume work. It provides a comprehensive 'roadmap' allowing readers to navigate their way seamlessly through more than 2000 references, copious tables, diagrams (many in colour), plus individual chapter summaries and sidenotes.
Volume III is a telescopic exposition of the role of the human being in the scheme of the universe and nature. The core of this narrative is a detailed and stepwise account of the derivation of the human senses: how physical sensation can result in subjective experience.
In a clear and systematic way, it explores, in the manner of the Universal Wisdom Tradition, the unfolding of Consciousness from its Unmanifest and Implicate realms, through Cosmos, and Man. Readers will find here a goldmine of wisdom, information and resources.
This book is aimed at presenting a common-sense, first-principles, philosophical perspective on a vital subject that seems to have lost its way. There is such a thing as justice, there is such a thing as truth; and these two need not be lost forever.
Munu is a beautiful story of hope in the face of adversity. It has a humorous tone and will appeal to children, the conservationists of the future.
The author tackles these questions in a direct, open way of interest to believers and non-believers alike. In fact he asks 'If you do not believe, do you wish there were an afterlife?'
This volume and its companions contain the first English translation of the letters written by the philosopher-priest who helped to shape the changes that we associate with the Renaissance.
The Zinoviev letter had reached the Foreign Office via the Secret Service. It caused a storm, with accusations that it was a fabrication by White Russians or by British elements hostile to the Labour Government. The author reveals that Zinoviev's letter was not a fabrication, as has been widely believed for almost a hundred years.
This book argues that deeply embedded systems, which have generally been established for a very long time, require fundamental reform. They are principally threefold: the taxation system, the land tenure system, and the banking system. All three require root and branch reform.
This book traces the cause of poverty to a widely accepted social institution, just as slavery once was, and reveals a way in which this defect could be remedied by introducing a more efficient way of funding government.
What If It Were You? draws back the curtain on the men, women and children who suffer in silence, giving a voice to those whose rights, freedom and wellbeing are so often compromised. The hard-hitting realism of Arif-Fear's poetry uncovers the reality of many forms of abuse, and presents them in a way which is direct and uncompromising.
When the Romans settled in Britain in 43CE they could hardly have imagined that the small agricultural settlement of Londinium would become one of the biggest cities in the world. This book charts the progress of 2000yrs of worship in London, from small buildings like the Mithraeum to cathedrals, synagogues, churches, mosques + temples seen today.
With a foreword by Professor James M. Dawsey. In this essay, originally published in 1971, Robert V. Andelson argued that human rights have been an issue that are often invoked but seldom intelligently considered.
New information reveals how Britain's staunchly anti-communist Prime Minister was deceived into giving his full backing to the communist Tito and cutting all aid to the anti-communist forces resisting the Germans in Yugoslavia. The author argues, Tito would not have overcome his political opponents and emerged as the undisputed ruler after the war.
This book charts the author's long journey of healing from the trauma caused by having to go into hiding as a child and having to deny that she was Jewish. Marika Henriques records in words and images how she was shaped and her profession determined by historical events.
Global society is in a state of chaos, causing physical and mental suffering for people all over the world. Yet almost all life stresses are ultimately human-made. Our species is literally making itself sick. Our future is unknown but whatever we bring forth will certainly be the output of the global mind we collectively create.
Sue Ryder made a huge and positive difference to the lives of thousands, despite - or perhaps because of - having a character which could, at times, be as obsessive and downright difficult as it could be creative and inspiring. Sue Ryder was brought up to help others and she committed her life to doing so.
The fascinating story of the young Romanov princess whose family fled the Russian revolution and who lived in exile, firstly in homes provided by the British Royal family. This is very much a human interest story, told with humour by a down to earth woman.
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