Binary Economics: The New Paradigm

Author: Robert Ashford
Published: January 1999
Publisher: University Press of America
ISBN: 0761813209
Hardcover Book
Number of Pages: 486

Click to compare book prices for Binary Economics: The New Paradigm

Binary Economics presents a new paradigm which founds a practical new economics and a unifying new politics that enable people to understand and realize their essential rights and responsibilities in a market economy. This paradigm recognizes that capital has a potent productive and distributive relationship to growth, and by democratically extending the efficient means to acquire capital to all people using the earnings of capital on market principles, binary economics offers many important benefits beyond those provided by conventional economics. The authors present this concept as new hope for solving seemingly intractable problems of economic efficiency, distribution, and justice not solved by conventional economic theories and practices, while enabling people to understand and realize their essential rights and responsibilities in a market economy. The binary paradigm allows cooperation with governments to make modest reforms to existing capital markets so that all people can acquire capital using the earnings of capital and offering the market foundation for many important benefits, including substantial, sustainable growth; more equal opportunity and social justice; increased earning power for the poor, working and middle class people; a greener environment; individual autonomy; strong families and communities; strengthened democracy; and voluntary control of population levels.Author Biography: Robert Ashford is Professor of Law at Syracuse University. Rodney Shakespeare is a Barrister in London. Introduces a new way of thinking about economics that according to Ashford (law, Syracuse U.) and Shakespeare, a British teacher and writer with a background in history, education, and business, offers enhanced growth and distributive justice in good times and bad. It holds that universal, individual market participation in capital acquisition is essential to individual prosperity and sustainable growth for the economy as a whole.

Table of Contents
List of Figures
Preface
Acknowledgements
Bk. I Introduction
Ch. 1 Overview of the new binary paradigm 1
Ch. 2 Overview of binary economics 9
Bk. II The new binary paradigm
Ch. 3 The great growth in productive capacity and total economic output 81
Ch. 4 Conventional productivity 111
Ch. 5 Binary productiveness 129
Ch. 6 Growth, distribution and finance 179
Bk. III The strategy and structure of the binary economy
Ch. 7 The binary strategy 205
Ch. 8 The structure of a binary economy 233
Ch. 9 Binary growth - the natural consequence of a democratic private property system 273
Bk. IV Beyond the linear paradigm
Ch. 10 Binary economics is outside the linear paradigm 309
Ch. 11 The choice in private property systems 327
Ch. 12 The broad beneficial promise of binary economics 357
Ch. 13 A brief history of binary economics 405
Ch. 14 The binary future 429
Binary Bibliography 449
Index 451
Author Biographical Sketches 463

Click to compare book prices for Binary Economics: The New Paradigm Binary Economics: The New Paradigm

Compare Shop Books - Help - About - Book Links - Book Coupons