Definition & Reality
in the General Theory
of Political Economy
Second Edition, Dutch University Press,
January 2005, ISBN 90-3619-172-6
Non-printable PDF with the full text
(2 MB) (Acrobat 5 or higher)
€ 35
Order
at Dutch University Press
DUP delivers worldwide and accepts various kinds of payments.
See also the association with Purdue University Press.
Table of contents -
Abstract - What is new ?
The summary
solution to the current mass unemployment in HTML
(see the Journal of Economic Literature vol. 38, no. 4, December 2000
for the first edition, reference number JEL 2000-1325)
Relation to the World Crisis 2007+
A Project Gutenberg version is available at http://www.gutenberg.org.
This digital version is freely available while one should contact the publisher
DUP for printed copies.
Keynes’s General Theory is generalised even further by
including endogenous government in the model, giving a truly general Political
Economy. By including ‘stagnation in economic policy making’ in our analysis,
we arrive at a better understanding of the Great Depression and the Great
Stagflation.
The general theory also explains why it would be advisable
for a democratic society to create an Economic Supreme Court as a separate
constitutional power, next to the Legislative, Executive and Judicial branches.
This book primarily gives theory and stylized facts, and
it is directed primarily at my fellow economists. The colleagues specifically
must get to understand the ‘Definition and Reality’ methodology before
they will appreciate that my analysis is scientifically warranted. Much
work remains to be done in practical research. And much work must also
be done by the other professions.
It may be hoped, none the less, that the parliaments of
our democratic nations investigate the issue too, so that there is more
hope for improvement in the living conditions of the many victims of the
current imbalance of powers. |