Thursday 22 March 2012

Financing the Doubling of GDP in One Year at Constant Price.

Double or nothing. The modern economy has
advanced to where it has the technology with
which to double in size inone year.
 The hypothesis is that an economy has sufficient latent financial resources with which to finance the doubling of its GDP in one year at constant price. Thinking outside traditional views in economics can open new vistas in how the problem of scarcity is addressed. The gist is to grapple with ideas taken for granted in economics pertaining to enterprise, observe their evolution and attempt to mould them toward a construct that better exposes the latent potential within economic thought to change the economic landscape. It explores the view that even practices taken for granted in economics and business such as those used to understand cost, revenue, and and money can be re-thought. Link



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