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Announcement of availability: "Definition & Reality in the General Theory of Political Economy" 2nd edition 2005

Author

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  • Thomas Colignatus

    (Thomas Cool Consultancy & Econometrics)

Abstract

This paper gives the announcement that the 2nd edition of DRGTPE is available at Dutch University Press. The basic idea of the book is that Keynes's General Theory is generalised even further by including endogenous government in the model, so that we arrive at a truly general Political Economy. By including 'stagnation in economic policy making' in our analysis we arrive at a better understanding of the Great Depression and the Great Stagflation. The general theory also explains why it would be advisable for a democratic society to create an Economic Supreme Court as a separate constitutional power, next to the Legislative, Executive and Judicial branches. This book primarily gives theory and stylized facts, and it is primarily directed at my fellow economists. The colleagues specifically will need to learn to understand the Definition and Reality methodology before they will appreciate that my analysis is scientifically warranted. Much work remains to be done in practical research. And much work remains to be done by the other professions. It may be hoped, none the less, that the parliaments of our democratic nations investigate the issue too, so that there is more hope for improvement in the living conditions of the many victims of the current imbalance of powers.

Suggested Citation

  • Thomas Colignatus, 2005. "Announcement of availability: "Definition & Reality in the General Theory of Political Economy" 2nd edition 2005," General Economics and Teaching 0502072, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpgt:0502072
    Note: 21 pages html
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    Cited by:

    1. Colignatus, Thomas, 2007. "Why one would accept Voting Theory for Democracy and reject the Penrose Square Root Weights," MPRA Paper 3885, University Library of Munich, Germany, revised 06 Jul 2007.
    2. Colignatus, Thomas, 2008. "On the political economy of environmental survival versus collapse. Clarifying the work done by Tinbergen & Hueting vis-à-vis Weitzman, Nordhaus and Stern," MPRA Paper 10001, University Library of Munich, Germany.
    3. Colignatus, Thomas, 2011. "The crisis and the raison d’être and prospect for the UK office for budget responsibility versus an economic supreme Court," MPRA Paper 27873, University Library of Munich, Germany, revised 19 May 2010.
    4. Colignatus, Thomas, 2007. "In a democracy, Bayrou would have won. Application of the Borda Fixed Point method to the 2007 French presidential elections," MPRA Paper 3170, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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