Table of Contents

Preface: Modern Economics: Toxic Theory and Bankrupt Policy PART I: TWO BASIC LAWS OF ECONOMICS 1. The Law of Competition and the Law of Circulation PART II: THE LOST COMMANDMENT: FREEDOM OF CIRCULATION 2. 'Level Playing-Field' or Flat-Earth Theory? 3. The Greatest Economic Theorist of Them All 4. Globalization: Blessing or Curse? PART III: A 'MULTI-GEAR' MACROECONOMIC POLICY 5. Inflation: Disease or Symptom of Good Health? 6. Economic Waste-Disposal 7. The Deregulation of Money 8. Economic Gear-Changing PART IV: THE REFORM OF ECONOMIC POLICY 9. The IASB and the Failure of Corporate Governance Appendix: Sandilands in the looking glass 10. A Segregated System of Funds and Value Accounting 11. Competition and Control of the Banking System 12. Circulation and Single-Currency Unions Part A: The United Kingdom Currency Union Part B: The European Currency Union 13. A Crack in the Monetarist Façade? 14. A Multi-Gear Strategy for Stable Economic Growth PART V: THE CURRENT ECONOMIC CRISIS 15. The Phoney Economic Crisis 16. The 'Austerity' Delusion 17. The Real Economic Crisis 18. The Bankruptcy of Single-Gear Economic Policy 19. Multi-Gear Tax Reform for Economic Recovery PART VI: THE MOST SUCCESSFUL COVER-UP IN FINANCIAL HISTORY? 20. Expert Opinion and Economy with the Truth 21. Modern Science or Mediaeval Religion? Appendix: Whatever Happened to the 'Rule of Law'