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I Evidence -- 1 In the Beginning was Definition of Money -- 2 Your Money is Someone’s Debt -- 3 Debt Money System is Design Failure -- II Analysis -- 4 Debt Money System is Debt End ! -- 5 Collapse of the Mainstream Economics -- 6 Paradigm Shift in Macroeconomics -- 7 Mathematical Analysis of...
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Money stock, defined as the sum of coins, notes, demand and time deposits, decisively affects macroeconomic variables such as GDP and price. Yet its true nature has been obscured in economics. Where does it come from? How are they created, and how much? Concerning money creation under the...
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The study estimates calories, proteins and fats-income elasticities in sub Saharan Africa (SSA). Annual time series data for 43 countries covering 1975-2009 that yields a balanced panel was employed for the analysis. The nutrient-income elasticities are estimated based on the aggregate Engel...
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