Contents

1. Introduction

PART I: THE DIALECTIC PATH OF ECONOMIC THEORY

2. Classical Economic Theory

3. The Rise and Fall of Marxist Economics

4. Keynesian Cyclical Stabilization

5. The Fall and Rise of Neoclassical Macroeconomics

PART II: AN ALTERNATIVE MACROECONOMIC FRAMEWORK

6. The Unified Theory of Macroeconomic Failure

PART III: USURIOUS PRODUCTS AND INSTITUTIONS

7. Usury: Conquest by Stealth

8. The Ascent of Banking

9. Bank Instability, Products, and Economics

10. The Federal Reserve as an Extension of Banking Power

PART IV: CYCLICALITY, MARKET AND PUBLIC SECTOR INEFFICIENCY, AND DEMOCRACY

11. Amplified Business Cycles

12. Private Sector Inefficiency: Competition and Information Quality

13. Public Sector Inefficiency: Plutocracy vs Democracy

14. Measuring Democracy

PART V: ALTERNATIVE FINANCING AND TAXATION

15. The Next Revolution in Equity Finance

16. Public Finance and Indirect Taxes

17. Corporate Taxation

18. Regressive Personal Taxation

19. Progressive Personal Taxation

PART VI: OUTLOOK

20. The Gathering Storms

Appendix: Identifying Usurious Lending

Selected Bibliography

Notes

Detailed Contents