Rent Unmasked: How to Save the Global Economy and Build a Sustainable Future

Rent Unmasked: How to Save the Global Economy and Build a Sustainable Future

by Fred Harrison (Editor)


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2016-2017 People's Book Prize, Achievement Award

Rent Unmasked explores the new economic paradigm that policy-makers need to solve global problems in the post-2008 era. With conventional economic theories discredited, the new model must equip governments with tools to re-stabilise societies in a dangerous world. Rent Unmasked explains why one paradigm only qualifies to serve this purpose: the dynamic model that reinstates time and space in economic theorizing. The Flat Earth economics of the neo-classical school is analyzed by the 13 contributors to this volume, which honors the seminal role played by Mason Gaffney, Emeritus Professor of Economics at the University of California (Riverside), in exposing the way in which classical economics was debased to serve rent-seeking interests.

Product Details

ISBN-13: 9780856835117
Publisher: Shepheard-Walwyn Publishers, Limited
Publication date: 09/01/2016
Pages: 304
Product dimensions: 6.40(w) x 9.30(h) x 1.30(d)

About the Author

Fred Harrison is Research Director of Land Research Trust, London. After a career as a Fleet Street investigative journalist, he was a consultant to a number of Russian academic and political bodies in their efforts to implement a more equitable transition to a market economy. Subsequently he turned his attention to the failure of economic analysis and public policies in the market economies.

Table of Contents

Prologue: A Tribute to Mason Gaffney: Conflict Resolution and Ethical Economics 1

Part I Last Man Standing 13

1 Beyond Socialism: Science and the Culture of Society Fred Harrison 15

2 Economics from the Ground Up: Public Revenue and the Structure of Production Kris Feder 29

3 Time Travelling Back to Space Age Economics Mary Cleveland 63

4 Shifting the Landscape: Mason Gaffney as Ultimate Heterodox Fred Foldvary 85

5 Accounting for the Common Good: Mason Gaffhey's Philosophy of Reconciliation Francis K. Peddle 105

Part II The Clean Slate 119

6 The $14 trillion Lift-off from the Great Stagnation Fred Harrison 121

7 The Potential of Public Value: Assessing the Dynamics of Real Estate Ted Gwartney 141

8 Corporate Land Bankers as Rent-seekers Dirk Löhr 157

9 Tax Dodging and the Coming Tax Wars Terry Dwyer 179

10 Enlightenment's Food for Thought Duncan Pickard 199

Part III Prophetic Voices 211

11 False Hopes in Euroland Fernando Scornik Gerstein 213

12 Cries of the Wild Peter Smith 229

13 The Culture of Prosperity Roger Sandilands 245

14 The Needed Moral Revolution Nicolaus Tideman 259

Epilogue: The Authors in Conversation with Mason Gaffney: Quest for the Authentic Voice of the People 273

About the Authors 288

Index 291

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