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The natural economy

Author: John Young
Publisher: London : Shepheard-Walwyn, 1997.
Edition/Format:   Print book : EnglishView all editions and formats

Shows an alternative exists to the present economic policies of high taxation and borrowing to ease the personal hardships caused by unemployment and retirement. The main obstacles to reform are  Read more...


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Genre/Form: Lehrbuch
Document Type: Book
All Authors / Contributors: John Young
ISBN: 0856831662 9780856831669
OCLC Number: 38033733
Description: xi, 148 pages ; 23 cm
Contents: Part 1 The principal agent - the free person: a being of intellect and will; a member of a species; the person and society. Part 2 The common good: meaning of the common good; economic common good. Part 3 Economic freedom: aids to freedom; the great obstacle to freedom; competition true and spurious; the principle of subsidiarity. Part 4 Objections to competition: a reminder - the meaning of competition. Part 5 The function of prices: learning from the pencil; the price mechanism at work; self-interest and the invisible hand. Part 6 Wealth and services: defining wealth; the meaning of services. Part 7 The science of economics: defining economics; economics as a science; economics as ethics; the nobility of economic science. Part 8 Labour and wages: work, wealth and toil; the payment of wages. Part 9 Capital and interest: examination of capital; interest, or the return on capital. Part 10 The importance of land. Part 11 Association and site revenue: association; site revenue. Part 12 The government's natural revenue: site revenue belongs to society; advantages compared with taxation; other advantages. Part 13 Objections and replies. Part 14 Comparison of wages, interest and site revenue: the three returns; the question of profit; justice in distribution. Part 15 The meaning of value: the basic concept; two theories; the two sources; Marx's surplus value; value from privilege. Part 16 Money: the great medium of exchange; money as a terminus of exchange; true and spurious money; inflation. Part 17 The place of the government: civil authority; the purpose of government defined; the common good of political society. Part 18 When the government leaves its orbit: the prevalence of statism; the psychology of statism; objections. Part 19 Current economic problems: in conclusion.
Responsibility: by John Young.
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In its quiet and exact way, it is more radically revolutionary than the works of Marx. <i>AD 2000</i>"

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