Presenting a radical revision of modern economic theory, this analysis adjusts the entire range of economic thought in relation to the fundamental part played by land, the significance of creditâÂÂespecially in the banking systemâÂÂand the crucial impact of the taxation method. The resulting system based upon natural law, economic security for all, fair distribution of output, and the opportunity for self-fulfillment through work draws upon the masters of economic thoughtâÂÂfrom Smith and Ricardo to Marshall, Schumpter, and KeynesâÂÂbut also provides new insights by highlighting concepts often omitted from current studies of their works.
Reviews
"Brian Hodgkinson deftly pulls together many strands of alternative thought and presents them in a format which no economist can easily dismiss. This is a remarkable book." --guardian.co.uk
Author description
After qualifying as a Chartered Accountant, in the City of London, Hodgkinson won a scholarship to Balliol College, Oxford where he took a first in Philosophy, Politics and Economics and won the University George Webb Medley prize in Economics. After five years lecturing in the Social Studies School at Sussex University, he became Head of Economics at Dulwich College and then at St James Schools in London. As the founder editor of the Economics journal 'British Economics Survey', he kept in touch with applied Economics and questions of public policy. Meanwhile, his studies at the School of Economic Science in London introduced him to a radically different approach to the subject. which after many years of research, has borne fruit in 'The New Model of the Economy'. He is also the author of 'The Advancement of Civilisation in the Western World: Egypt, Greece and Rome' and two books on Indian Philosophy.