Wednesday, July 29, 2009

One Lucid Diamond...

(Early preview of Paul Davidson's new book; 'The Keynes Solution, The Path To Global Economic Prosperity')
(New) Global Financial Crisis__Placebo Effects, by Satyajit Das
(New, Aug. 15) Lunch with the FT: Larry Summers, By Chrystia Freeland

America’s seminal economist, Dr. Paul Davidson, has written the clearest vision of money and math mechanics, to date. Not since the 18th century’s true mathematical logicians, De Morgan, Jevons, Clifford, Peirce and Veblen, have scientific ideas of logic, money and math mechanics been laid so clearly before our eyes. Mr. Davidson begins with a simple explanation of a true scientific method, any high school student can easily understand, then exposes the fallacies in relation to and of the classical economists’ and mathematicians’ mistakes, of economic model mis-applications and mis-interpretations of. He reveals his entire thesis in a simple dialectic method any gifted 5th grade student could understand, by keeping the technicalities to his other 22 published books, and some 200 articles. Never before, in the history of economics, has so much been revealed by such a simple, yet scientific, method.

As an example, Mr. Davidson, shows how the ‘universal’ facts, habits and ambitions of money, control the ‘particular’ events of all economic history. He does this by revealing Keynes’ true vision of how all nations’ balance of payments’ imbalances and hoarding, actually starves the world of its productive employment potential. This is truly where all macro-economic theses should start, yet sadly almost all other classical macro-economists see not the forest for the trees. It’s taken America’s yet unrecognized genius, Paul Davidson, to point this very fact out. He further exposes this first and foremost generating problem, creating the other unrecognized problems’ mechanics with and in ‘the ergodic theory’, ‘the neutrality of money theory’, ‘comparative advantage theory’, ‘free-trade theory’, ‘efficient market theory’, ‘the incompatibility theory of mobile money and full employment’, and all really generated from the fundamental ‘balance of payments’ imbalances and hoarding theory and facts’, just as Keynes originally stated and implied them, in his total works, published and unpublished, private and governmental letters, etc.

After clearly and succinctly showing the relationships between true Keynesian theories and facts, against classical mis-interpretations of the same theories and facts, Davidson easily explains his extended Keynesian solution, to the world’s present problems. This is done through his recognition of the world’s need for not only a new ‘re-regulation of financial markets and trade’, but also his, as it was Keynes’, call for a new ‘international financial architecture’, to rebalance the world’s prices, money and currency contracts. Davidson has updated Keynes’ ideas to a 21st century feasible plan of fundamental economic and highly possible political actions, the world sorely needs.

Never before has an economic book impressed me as much as this little treatise, as I see it having the potential of reaching not only the academic economists, but most all political, academic and intellectual elites, along with many private citizens. This is what the nation and world really and truly needs__a clear and concise manual to explain and solve the world’s massive problems. Davidson has succeeded as no other in accomplishing this job…

L.A.Gillespie
…autodidactic, polymathic economist, logician, etc…

4 comments:

(Best Show)Watch said...

"Hi:

Two things

1) I’d like your permission to (re)print your article on Fareed Zakaria for our website

2) I was hoping we could use your ‘scribing’ talent for our website.

The Best Shows Youre Not Watching (dot) com [all one word]

Fareed Zakaria is one of our featured shows. We’re hoping to round up a few people who can occasionally contribute perspective (via an article/blog) on the shows – maybe a recent episode, future direction, plot shortcomings etc.

What’s in it for you?
Primarily a larger audience back channeled to your blog. We don’t pay but the site has a lot of promise and we're pretty excited about getting it off the ground. Let me know what you think.

Thanks

Lloyd Gillespie - Comments said...

Go for it. L.Gillespie

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