Definition & Reality in the General Theory of Political Economy
by Thomas Cool
0Listen FreeFree AI audiobook with natural voice. No signup required.
About This Book
Definition & Reality in the General Theory of Political Economy by Cool, Thomas"Rediscover This Timeless Classic - The Ultimate MP3 Audiobook CD Experience!"Journey back in time and immerse yourself in a world of timeless stories with our classic MP3 Audiobook series.Why Dive into Our Classic Title MP3 Audiobook CDS?Historical This masterwork, has shaped literature, inspired countless adaptations, and touched the hearts of generations.Authentic Faithfully reproduced to capture the essence of the original publication.High Quality Narrated by a cutting-edge AI voice.Consistent AI narration ensur...
Chapters (218)(click to expand)
- Definition & Reality in the General Theory of Political Economy
- Thomas Colignatus
- Book I Introduction
- 1. Order of presentation
- 2. The general theory
- 3. Methodology
- Book II Trias Politica and Economic Supreme Court
- 4. The Trias Politica
- 5. The economic record of the 20th century
- 6. An Economic Supreme Court
- 7. Position of the Court in economic theory
- 8. The record of economics itself
- 9. Economics ‘as usual’ and its inadequacy
- 10. Four empirical cases
- 11. The moral imperative
- Book III Economics ‘as usual’
- 12. Introduction
- Stylized history
- Structure of the argument
- The difference that it means
- 13. Unemployment via taxes and minimum wage
- The earnings distribution
- Analysing the minimum wage
- The Tax Void
- Cause of the Tax Void
- Development of the Tax Void
- Marginal tax rate & VAT
- Marginal tax rate & dynamics
- Spillover and domino effects
- Diagnosis and Therapy
- Stagflation resolved
- 14. The 1974 Duisenberg disaster
- Book IV Presentations for the general public
- 15. Unemployment solved !
- 16. Enable Russia to help itself
- Parallel
- Risk not chance
- Internal not external
- Conclusion
- 17. Will the West repeat Versailles ?
- Book V Methodology: Definition & Reality
- 18. How to check ?
- 19. Dealing economically with concepts
- Maximising information power
- Pythagoras and the circle
- Falsification
- Determinism and free will
- From stylized fact to definition
- Relating to Hicks 1983
- 20. Structural and reduced form
- 21. Direct application to the Economic Supreme Court
- 22. Methodological summary
- Book VI Structural models
- 23. A textbook macro-economic model
- The IS-LM model
- The production function
- Dynamics versus statics
- Phillipscurve
- Macro-economic interactions
- 24. Heterogeneity and nonlinear taxation
- Heterogeneity versus homogeneity
- Nonlinear versus proportional taxation
- Some literature
- 25. Summary of current views
- A simple view
- A complex view
- Efficiency wages intermezzo
- A more sophisticated view
- Confusions
- 26. Heterogeneous labour
- Dromedary supply
- Dutch income distribution data
- Definitions and formulas
- Amendment to the textbook model on the Phillipscurve
- 27. Subsistence
- Definitions
- Economic literature
- Types of indexation
- Formal development
- 28. Phillipscurve
- Concepts
- A homogeneous Phillipscurve
- On expectations
- Heterogeneous Phillipscurves
- More factors that cause a shift
- Crowding out
- Poverty
- The submarket Phillipscurves
- Shifting back
- 29. Tax basics
- Taxes and premiums
- Common structure
- Nonlinear tax function
- Exemption
- The marginal rate
- Balanced growth
- Off balanced growth
- 30. Dynamic curvature of the tax wedge
- Introduction
- Formulas
- Graphs
- 31. Differential impact of the minimum wage on exposed and sheltered sectors
- Introduction
- Model
- Graphs
- Tables
- Conclusion
- 32. Dynamic optimality
- The Phillipscurve revisited
- Investment, growth and productivity
- Book VII Social Choice
- 33. Introduction
- 34. The solution to Arrow’s difficulty in social choice
- Introduction
- Basic concepts
- Restatement of Arrow’s Theorem
- A note on the name of APDM
- A lemma
- Rejection of the Arrow Moral Claim (AMC)
- Rejection of the Arrow Reasonableness Claim (ARC)
- Selection of the culprit axiom.
- Examples of consistent constitutions
- A reappraisal of the literature
- Conclusion
- Addendum: Sen’s restatement in “Development as freedom”
- Addendum: Mas-colell, Whinston and Green, “Microeconomic Theory”
- 35. Without time, no morality
- Introduction
- Control of natural forces in the social process
- Three traditional methods
- Borda Fixed point
- Relation to Saari’s work
- Pareto
- A note on cheating
- Conclusion
- 36. Some notes on ethics
- Book VIII Supportive notions
- 37. On the nature and significance of a free lunch
- Some quotes
- Consumers surplus
- Economic growth
- Conclusion
- 38. Proper definitions for uncertainty and risk
- Uncertainty
- Risk
- Example
- Wrong use in economics 1921-2005
- Book IX Reduced form
- 39. The possibility of full employment in the welfare state
- Introduction
- Stylized facts
- Concepts
- The theorem
- Graphical presentation
- 40. The possibility of co-ordination
- Stylized facts
- Concepts
- The special theorem
- The general theorem
- On the interaction of the reduced form theorems
- More on chance
- Book X Conclusions
- 41. Relating to Mankiw’s “Principles”
- 42. Relating to Krugman, Phelps, Ormerod and Heilbroner & Milberg
- Introduction
- Review of positions and qualities
- Krugman: “We don’t know”
- Phelps: “Structural slumps”
- Ormerod: “Death of economics”
- H&M: “Crisis of vision”
- All authors
- 43. Relating to Sen, Galbraith and Cox & Alm
- Sen: “Development as freedom”
- Galbraith: “Created Unequal”
- Cox & Alm: “Myths of rich and poor”
- 44. Relating to the OECD and some of its authors
- The OECD in general
- The EITC, direct payroll tax reduction and wage cost subsidies
- 45. After 35 years of mass unemployment: An advice to boycott Holland
- Summary
- Introduction
- First considerations
- The realism of my advice
- George W. Bush and Iraq and the American economy
- More on Paul Krugman
- The Dutch tragedy of the murder of Pim Fortuyn in 2002
- On the European Enlargement
- Advice to vote NO on the current proposals for a European Constitution
- A note on my own position
- Appendix: After 20 years of mass unemployment: Why we might wish for a parliamentary inquiry
- 46. Final conclusion
- Epilogue
- Appendices
- On the definition of economics
- Biographical note on Montesquieu
- Price inflation and wage growth in Holland 1950-2002
- Income distribution in Holland 1950 and 1988
- Program used in the analysis on exposed and sheltered sectors
- A note on Hayek
- A note on Barrow’s “Impossibility”
- A constitutional amendment for an Economic Supreme Court
- A parallel argument on the Central Bank
- About the US Council of Economic Advisers
- From the “Employment Act of 1946”
- Martin Feldstein on the US Council of Economic Advisers
- Commenting on this
- Presentation for the National Press in Washington 1993
- Clinton administration EITC plans for 2000
- Summaries of additional papers
- A note on the New Economy (2000)
- On the 2005 edition of this book
- Autobiographical note
- What is new in this analysis ?
- Abstract
- Literature
- Index
- End notes
- Book Cover Text
How to Listen
- 1. Click "Listen Free" above
- 2. The book opens in CastReader's browser reader
- 3. Click the play button — AI narration starts with word highlighting
- 4. Use "Send to Phone" to continue listening on your phone
FAQ
Is this audiobook really free?
Yes. "Definition & Reality in the General Theory of Political Economy" is a public domain work from Project Gutenberg. CastReader converts it to audio using AI text-to-speech for free. No account or payment needed.
What does the AI voice sound like?
CastReader uses Kokoro TTS, a natural-sounding AI voice. It handles punctuation, names, and dialogue naturally. Most listeners forget it's AI after a few minutes.
Can I listen on my phone?
Yes. Open the book, then use "Send to Phone" to stream audio to your phone via Telegram. No app download needed.