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Government Economics Money Capital(1st Edition)
Authors:
Jan Jacobs
Cover Type:Hardcover
Condition:Used
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Book details
ISBN: 979-8788454153
Book publisher: Independently published (December 21, 2021)
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Government Economics Money Capital 1st Edition Summary: This book explains what one generally needs to know about economics, money and capital. It includes analysis and comments on the work of Thomas Piketty 'Capital in the 21st Century'.The author's viewpoint is that the way things are currently going in Europe is a dead end road, particularly from the economic perspective. The European Union is up to the present a voluntary partnership of sovereign European states. The idea was to gradually and voluntarily strengthen cooperation while still maintaining each country's sovereignty, but this is no longer effective. There is an alternative way forward, which is explained within this book.The government has many faces, the central government, provinces, municipalities and various public bodies. Even more, think of the layers of an onion, bottom-up: local, regional, national and supranational.The emergence of economics as a science is usually dated to the appearance in 1776 of 'An Inquiry into the Nature and Causes of the Wealth of Nations' by the Scottish philosopher Adam Smith, which describes especially how the price mechanism as 'an invisible hand' directs the economy.Anyone can judge the sizes of amounts of money and the difference between big and small. More or less covers one dimension, the bare magnitude, and not the points in time. It starts with the calendar, exactly on which date (first question) and what amount (second question) becomes payable? The different dates are generally much more important than the amounts involved. The significance of the magnitude of the amount is dependent on the date.Everyone needs to be his / her own CFO. Delegating that task to a bookkeeper, a bank (without banks we would depend on loan sharks) or anyone else means, putting your life into their hands. However well intentioned, they generally don't know the ins and outs of your life well enough to make critical decisions. Super rich does not have to be the ultimate goal, to become financially independent is the aim in the first place. With enough money, then you are truly free. Money should not be an obstacle, to be able to go wherever you want, to realize your ideas, and with cash on hand one can better overcome setbacks. There is no alternative, save for rainy days, once we may all have to deal with this. Be prepared!We all are part of the society and this book will help you to understand more of the vital problems in our world. Finding your way, to gain insight into the key issues which are debated daily in the press and in parliament. Knowing how the world works, what the governments do or cannot do, at least not instantly. What the role of businesses is, the role of consumers, the importance of taxes, import and export, how it can be that apparently all is running about money – the adage is that money should roll – while it is little more than a lubricant for the economy. However, your life can be ruined by not giving sufficient attention to money and capital.Tribute to Thomas Piketty, for the many data that he collected, analysed and presented. But his interpretations and his claims are not always correct. For instance The First Fundamental Law of Capitalism is based on a static approach to reality. Also instead of The Second Fundamental Law of Capitalism, formulated by Piketty, a far better formula is available and explained in this book.From now on, a clear choice, one out of two choices. Europeans, make up your mind! Europe is on a Crossroad.Government, Economics, Money, Capital, it affects us all.
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