Presenting a radical revision of modern economic theory, this analysis adjusts the entire range of economic thought in relation to the fundamental part played by land, the significance of creditespecially in the banking systemand the crucial impact of the taxation method. The resulting system based upon natural law, economic security for all, fair distribution of output, and the opportunity for self-fulfillment through work draws upon the masters of economic thoughtfrom Smith and Ricardo to Marshall, Schumpter, and Keynesbut also provides new insights by highlighting concepts often omitted from current studies of their works.
About the author
Brian Hodgkinson, after qualifying as a chartered accountant in the City of London, won a scholarship to Balliol College, Oxford where he took a first in Philosophy, Politics and Economics and won the university George Webb Medley Prize in economics. After five years lecturing in the Social Studies School at Sussex University, he became the Head of Economics at Dulwich College and then at St James Schools in London. As the founder editor of the journal British Economics Survey, he kept in touch with applied economics and questions of public policy. At the same time his studies at the School of Economic Science in London introduced him to a radically different approach, which after many years of research, has borne fruit in A New Model of the Economy.
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