Preface: Modern Economics: Toxic Theory and Bankrupt Policy -- -- PART I: TWO BASIC LAWS OF ECONOMICS -- 1. The Law of Competition and the Law of Circulation -- -- PART II: THE LOST COMMANDMENT: FREEDOM OF CIRCULATION -- 2. 'Level Playing-Field' or Flat-Earth Theory? -- 3. The Greatest Economic...

Exposes two fundamental theoretical errors responsible for the bankruptcy of modern economic policy. Toxic economic theory originates from its misconceived division into separate micro- and macro- compartments. It is responsible for fraudulent accounting standards, a dysfunctional system of...

Volume II proposes radical reform (1) of the accounting system – to bring corporate management under the control of market forces; and (2) of the tax system – to enable the economy to grow to its full potential and to establish an automatic mechanism for price stability without any arbitrary...