Rethinking Income and Money: Incorporating Technology into Economic Theory
English | 2025 | ISBN: 3031777816 | 145 Pages | PDF EPUB (True) | 12 MB
English | 2025 | ISBN: 3031777816 | 145 Pages | PDF EPUB (True) | 12 MB
The book explores alternative economic paradigms, focusing on the urgent need to get adequate income to all households, whilst reducing national debt. Technology is essential for the understanding of economic outcomes, since consumption, production, employment, distribution, and transactions all shift radically with technological change. Major policy proposals include hybrid welfare schemes with reduced conditionality, an element of universal income, and a proposal for direct money financing of government expenditure, all without stoking inflation.