Lifetime Economics

The rules of Lifetime Economics are: 1. Value in use time, 2. Price in work time, and 3. Profit in free time. Economics as we know it today has departed so far from reality that it needs to be replaced. Lifetime economics is intended to do that, bring economics back down to earth. Learn here the meaning of real capital, real debt, real investment, and real Gross Domestic Product.

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Words: 11,820
Language: English
ISBN: 9781301308262
About Bob Blain

Bob has a Masters degree from Harvard and a Ph.D. from the University of Massachusetts, both in sociology. He taught sociology for two years at The Ohio State University then taught sociology at Southern Illinois University Edwardsville from 1968 to his re-tirement (new tires) in 2001. He has spoken on monetary reform in New Zealand, Australia, Poland, Libya, India, and Togo in Africa as well as at many conferences in the United States and Canada.

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