Toxic economic theory, fraudulent accounting standards, and the bankruptcy of economic policy
著者
書誌事項
Toxic economic theory, fraudulent accounting standards, and the bankruptcy of economic policy
Palgrave Macmillan, 2013
- : [hardback]
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注記
Includes bibliographical references (p. 242-246) and index
内容説明・目次
内容説明
Exposes two fundamental theoretical errors responsible for the bankruptcy of modern economic policy. Toxic economic theory originates from its misconceived division into separate micro- and macro- compartments. It is responsible for fraudulent accounting standards, a dysfunctional system of taxation, and totally bankrupt macroeconomic policy.
目次
Preface: Economic Crisis or Crisis of Economics? PART I: A VERY DISMAL SCIENCE 1 The Greatest Pyramid Scheme since the Time of the Pharaohs? 2 From Economic Miracle to Credit Crunch: Thirty Years of Self-Delusion PART II: THE MICROECONOMIC 'MARKET-VALUE' FALLACY 3 A Mediaeval System of Accounting 4 Fair-Value Accounting and Balance-Sheet Myopia 5 The Market-Value Delusion and the Credit Crunch PART III: THE MACROECONOMIC 'SINGLE-GEAR' FALLACY 6 The Topsy-Turvy Wonderland of Single-Gear Economics 7 Traffique: The Praeheminent Studie Of Princes 8 Capitalism and Socialism: The Fatal Conceit 9 A Genuine Free-Market Alternative PART IV: THE TAX THAT GOT PASSED BY MISTAKE 10 Income Tax: A Two-Hundred-Year-Old Myth 11 The Assessed Taxes 12 Not So Much a Tax, More an Anti-Avoidance Provision 13 The Growth of the Monster PART V: REFORM OF THE TAX SYSTEM 14 Economic Efficiency or Social Justice? 15 Taxation and 'The Law of the Market' 16 Pay As You Spend 17 PAYS: The Social Justification 18 PAYS: The Economic Justification PART VI: THE BANKRUPTCY OF ECONOMIC POLICY 19 Toxic Economic Theory and Global Recession TECHNICAL APPENDICES: The Source of the Poison A The Fatal Flaw in Accounting Theory: The Present-Value Fallacy B The Fatal Flaw in Macroeconomic Theory: The Single-Gear Fallacy
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