rapid expansion of the U.S. economy. The Systems Theory of Macroeconomics (STM) indicates an erroneous construction in Say … constitutes the Special Theory. General Theory attempts to quantify and unify the effects of fiscal, monetary and social policies … through corrections made to the Quantity Theory, thus modeling the short and long term effects of these policies in tandem or …

restriction theory of monetary economics. …

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It … declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over …

) monetary theory, which claims that equality of demand and supply is necessary but not sufficient to clear the market. In … indirect trade, money also must be used. Micro says that price is equal to marginal cost, rejecting trade theory’s claim that … trade is gainful. To remove these and other contradictions, price theory must be repaired. Money’s role in market clearing …