credits
 | New Titles 2008
Hambrooks have the pleasure in announcing the forthcoming publication of three important publications on the Real Incomes Approach to economics
Locational-State & Real Incomes 2008 HPC |
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Locational State & Real Incomes expected date of publication 3rd Quarter, 2008
This publication provides an analysis of real incomes from the standpoint of Locational-State Theory.
One of the most signifcant challenges facing economic analysis is that of the measurement of real income levels in a way which reflects the diversity of human states of welbeing associated with any price index. Indeed, much of what constitutes satisfaction is made up of items which are not purchased. This quandry is of importance to those who wish to bring the participatory expression of electorates closer to the formulation of preferences to be upheld by governance. The current state of economic theory cannot provide this combination of a constitutional foundation supporting individual freedom and a genuine freedom of choice. This is largely because politicians do not believe this is a possible state of affairs. How can you satisfy everyone?
In this publication Hector McNeill shows how Locational-State Theory can solve this problem in a precise and logical fashion. The significance of this analysis is that it opens the way to processes of community representation and the formation of governance where economic policies gain broader support since they transparently reflect the will of the people.
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Real Incomes & Decision Analysis
 2008 HPC |
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Real Incomes & Decision Analysis expected date of publication 3rd Quarter, 2008
Britain's partizan forums for the review of policy propositions are limited in size, very often unrepresentative of the interests of the electorate and are not organized in a way that the majority of the people in the United Kingdom can understand or let alone participate. This has sustained an elitist form of influence on many important questions. Rather than improve the quality of decision-making the result has been poor policies and above all of very low level of participation in policy decisions.
This lamentable political tradition has resulted in the popular interest in politics and political parties in particular to decline. Many politicians cling onto a convenient and elitist perception that the majority of the population are not really interested in politics anyway.
In this publication Hector McNeill explains how decision-analysis can contribute to better quality reviews, stimulate public participation in national policy formulation and end up with the best options attracting unanimous support. Such outcomes are not feasible with the policy formulation methods currently applied by British political parties. |
A Real Incomes Approach to Economics
 2008 HPC |
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A Real Incomes Approach to Economics expected date of publication 3rd Quarter, 2008
This publications is a reader containing the most important contributions to the Real Incomes Approach to economics developed during the period 1975 to 2008. It contains a critical review of the real incomes shortcomings of both Keynesianism and Monetarism.
Particular emphasis is given to the resolution of conventional conflicts between the diversity of individual preferences and the concept of majority governance imposing policies which do not reflect such diversity. The Real Incomes Approach attempts to:
- support normal management decisions to secure higher real incomes
- achieve an acceptable level of distribution of real incomes
- avoid disruptive monopoly market interventions by the state such as the practices of demand management and/or fixing of money rental (interest) rates.
The author, Hector McNeill is an economist who has worked on the Real Incomes Approach since 1975. |
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