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Click here to read a new economic plan that prepares our nation for escape velocity. This plan provides original ideas on how to transform Quantitative Easing to a real mechanism for growth . We propose how to move the corporate tax rate to near zero and only tax retained earning to encourage investment. Tax stock buy-backs. We cut government spending,raise and/or lower taxes to stimulate economic growth in a way not proposed before. Plan proposes a way to salvage Social Security by investing is senior housing. We discourage shovel ready infrastructure projects that do not move people. Much more..... |
The trends are nearly 100% against any meaningful growth. Over the next 9 to 15 months we will see some residual growth from all of the housing purchases from the big money groups and large apartment completions. This will send a false signal that growth is coming. It's not! Click here to read why even with massive Fed stimulus long-term growth is years if not a decade away. There are actions that we can take now that ensure that growth will happen and soon. This paper lays out just 25 of our many ideas that can transform our economy. Click here to read more. For our economic engine to move forward a number of economic myths must be busted. Ideas like more spending and tax cuts are needed to expand economic growth. Archaic ideas like defense spending pushed by both the right and left push us more into debt with the purchase of depreciating assets that produce or increase revenue in a negative way. Click here to get past the mainstream economic ideas like aggregated demand and GDP to new amazing growth strategies.
Transaction Economics |
"We have to quit thinking in terms of aggregate demand but in terms of velocity and growth in participation. We need a growing middle class not a shrinking one. We need a government of the people not for big business and big itself. We don't need large infrastructure projects for the sake of increasing spending for they in themselves create no new demand. We need a massive stimulus for the middle class, not to increase its debt but to increase its foothold as the foundation of the our economic engine. This means rethinking the very basis of Keynesian, Austrian and Monetarist theories. We must move on into this new century focused on the living designed by the living with a free market economy that is win-win for many nations and most people. We must adapt or die! Curtis Brown Chief Myth Buster Out of Oz Economics |
Keynes Versus Hayek
To better understand the Keynes versus Hayek debate click on the video to enjoy a modern day rendition. It is quite entertaining and gives a good overview of how the two differing views would be applied today. We at Out of Oz Economics are creating a grand theory of economics that incorporates the paradox that both theories are correct but lacking and that when intertwined they become complete. Supply and demand are both key aspects of economics. It's not supply OR demand its both. In present day terms that means we must both do nothing and let the markets heal from malinvestments and over supply of credit and at the same target monies to help the healing process and put constraints on companies trying to create monopolistic anti free market environments. As we like to say the only thing worse than government regulations are no government regulations.
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ECONOMIC MYTHS
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ECONOMIC MYTH BUSTERS
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