This book offers a radical revision of modern economic theory. Its starting point is the existing body of both micro and macro economics, as developed in such textbooks as Economics by Begg, Fischer and Dornbusch and Positive Economics by Lipsey and Chrystal. Following a similar framework to these books, it adjusts the whole range of theory by introducing some new concepts and other earlier ones that have been much neglected in the economic thought of the past century. These are related especially to the fundamental part played by land, in it proper sense of all natural resources available on the …

Earth is our Business takes forward the argument of Polly Higgins’ first book, Eradicating Ecocide. This book proposes new Earth law, but it is also about something more than law: it advocates a new form of leadership that places the health and well-being of people and planet first. Polly Higgins shows how law can provide the tools and be a bridge to a new way of doing business. She argues that Earth is the business of us all, not the exclusive preserve of the executives of the world’s top corporations. Expanding on the proposal in her first book to make …

Something must be done, explain the authors, but governments will fail again unless they shake off the economic orthodoxy which is now one of the problems rather than the means to a solution. This book investigates the roots of the problem, both historically and theoretically. Dr Michael Hudson draws on archaeology and history, from Bronze Age Mesopotamia through Rome to Byzantium, to show how a destructive virus crept into the body politic. This led to a breakdown in man's relationship to the environment, and divided society into a wealthy ruling oligarchy and an impoverished majority. The welfare state seeks to …

In the two-and-a-half years since the first edition appeared, events have unfolded as predicted. In 2005, the consensus among forecasters was that the boom in house prices would cool to an annual 2 or 3 percent rise over the following years. In fact, in keeping with the winner’s curse phase of the cycle described by the author, prices rose by more than 10 percent per annum in Britain. Harrison’s first book, The Power in the Land, predicted the early 1990s recession. Boom Bust, warned that investing in property is not always a safe bet, because the market is subject to …

Arguing that an efficient economic system can be compatible with a fair share for all, this novel centers on a United States president who changes his mind about his policies. A deliberate parable about today’s political wars, the novel illustrates the reforms posed by a real 19th-century figure, the American economist Henry George. Accordingly, this fictional reelection campaign provides a convenient stage for speeches and debates when the incumbent president goes missing, only to return with a platform for social justice that enrages those with vested interests and confounds his party operatives.

Fred Harrison draws on global-wide case studies to show how the violent birth of nation-states, whether the result of territorial conquests or colonialism, splits the population into two classes, victors and vanquished. This division is perpetuated and legitimated through the system of land tenure. The pathological consequences – as diverse as failed states, organised crime (mafia), religious fundamentalism and the re-emergence of piracy – are the result of the violent uprooting of the original inhabitants from their homelands. Understanding the territorial basis of political power and wealth is the pre-requisite, Fred Harrison argues, for making sense of issues as diverse …

Pinpointing a flaw in prevailing economic practices that explains why so many families in the richest nation on earth are mired in poverty, homelessness, joblessness, and hunger, this study suggests that a reform is available to correct this flaw that is corroding the enterprise system. This flaw is widely accepted and enshrined in law; and certain taxation and land policies enable a powerful few to skim off a large share of the wealth created by the mass of citizens. How this injustice plays a major role in generating destructive boom and bust cycles is important, but the overprivileged who benefit …

This book is based on a three-year course prepared by MacLaren for the School of Economic Science in London in the late 1960s. The editor, Raymond Makewell, presents the original subject matter revised with more recent examples and statistics from Australia, Canada, New Zealand, UK and USA. Instead of making supply and demand the starting point, it begins with the simple observation that all material wealth is ultimately derived from land, and, where goods are exchanged, the first requirement is trust or a system of credit. From this starting point, the major characteristics of the modern economy such as banking, …

This book explores the nature of human language, its relation to truth and to the natural laws of the universe. It focuses on truth according to DaVita (non-dualism), and concentrates mainly on the Sanskrit language. The author draws on his long experience as a student and teacher of both DaVita and Sanskrit. He identifies some principles of Advaita which are particularly relevant to human language, such as the primacy of consciousness, unity in diversity, and sound as the basis of the universe. He then compares Sanskrit, English and Mandarin in the light of these principles. What follows is an investigation …

In Eradicating Ecocide, international environment lawyer and activist Polly Higgins sets out to demonstrate in no uncertain terms how our planet is fast being destroyed by the activities of corporations and governments, facilitated by compromise laws that offer insufficient deterrence. She offers a solution that is radical but, as she explains with great competence and experience, absolutely necessary. The recent Mexican Gulf oil spill is a compelling reminder of the consequences of unchecked ecocide. Higgins advocates the introduction of a new international law against ecocide. It would become the 5th Crime Against Peace and would hold to account heads of …