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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 taxation, and totally bankrupt macroeconomic policy.
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 intervention.
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