- Introduction
- The nature of the current, purely dynamic economic process
- Scientific macroeconomics explains rather than merely describes
- A theory of macroeconomics must be independent of human psychology and anthropology
- The author of a textbook must employ a scientific and dynamic heuristic
- Real Analysis
- The idea and technique of implicit definition
- A field theory of accelerations, and the formal cause
- The difference between postulating and explaining
- The most fundamental terms must be precisely analytical and of scientific significance.
- The Leibnitz-Newtonian shift of context
- The intrinsic cyclicality of the process
- The process as a process of value
- Concomitance
- The need for a normative theory
- The ideal pure cycle at the root of the trade cycle
- Rates of saving vs. rates of consumption
- The interest rate is an inner relation of the process, not an external lever
- Manipulation of the interest rate is double-edged
- The Fed is assigned responsibilities which belong to others and for which it has not the tools
- The IS/LM Model
- The Phillips Curve (employment and inflation)
- The Theoretic of Credit and how money should enter the process
- Savings are not to be identified as an increase in the money supply
- The ineptness of the double-edged manipulation of interest rates
- Cobb-Douglas assumptions
- An adequate theory of philanthropy
- The NIPA are not explanatory
- An understanding of phases and crises
- Why the basic expansion fails to be implemented
- The velocity of money
- The quantity of money, and Quantitative Easing’s bifurcation of purchasing power
- The mitigation and concealment of non-normative balance in one set of flows by another set of flows
- The idea of a mechanism
- The responsibilities of banks
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