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The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...
Persistent link: https://www.econbiz.de/10011259042
extraordinary economic challenges the world faces today. Accelerated economic growth in an EOS model is applied to the economy of a …
Persistent link: https://www.econbiz.de/10008685377
This paper elaborates on the economic operating system (EOS) the role it can play in growth. It focuses on markets, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth, stability and safety. This paper delves into market...
Persistent link: https://www.econbiz.de/10008685520
which to satisfactorily manage human development. The impact the price of oil has on the global economy is testimony to the …
Persistent link: https://www.econbiz.de/10009228914
What is the 99% and why does it exist? In this paper an attempt is made to explain why socio-economic unrest remains a modern problem. An effort has to be made to understand the origins of strife in systemic design of modern economics. Without this knowledge it may not be possible to fix the...
Persistent link: https://www.econbiz.de/10011111415
in the economy that leads to the inability to protect aesthetic wealth or create it in sufficient quantities. It also may … economy at constant price and how the calibration of the economic operating system predetermines whether a country or economy …
Persistent link: https://www.econbiz.de/10008534544
an economy has sufficient latent financial resources with which to finance the doubling of its GDP in one year at …
Persistent link: https://www.econbiz.de/10008548839