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Patentism Replacing Capitalism = A Prediction from Logical Economics /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Patentism Replacing Capitalism/ by Samuel Meng.
Reminder of title:	A Prediction from Logical Economics /
Author:	Meng, Samuel.
Description:	XXX, 609 p. 86 illus., 66 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Economic policy. -
Online resource:	https://doi.org/10.1007/978-3-030-12247-8
ISBN:	9783030122478

Patentism Replacing Capitalism = A Prediction from Logical Economics /
Meng, Samuel.

Patentism Replacing CapitalismA Prediction from Logical Economics /[electronic resource] :by Samuel Meng. - 1st ed. 2019. - XXX, 609 p. 86 illus., 66 illus. in color.online resource.

1. Patents and Economics -- 2. Logic, Politics and Economics: a brief history of political economy -- 3. Statistical Sophistry -- 4. A Critical Assessment of Different Schools of Economic Thought -- 5. A New Theory on Business Cycle and Economic Growth -- 6. A New Patent System to Usher In an Innovative Economy -- 7. The Future of Our Economy and Society.

Based on economic knowledge and logical reasoning, this book proposes a solution to economic recessions and offers a route for societal change to end capitalism. The author starts with a brief review of the history of economics, and then questions and rejects the trend of recent decades that has seen econometrics replace economic theory. By reviewing the different schools of economic thought and by examining the limitations of existing theories to business cycles and economic growth, the author forms a new theory to explain cyclic economic growth. According to this theory, economic recessions result from innovation scarcity, which in turn results from the flawed design of the patent system. The author suggests a new design for the patent system and envisions that the new design would bring about large economic and societal changes. Under this new patent system, the synergy of the patent and capital markets would ensure that economic recessions could be avoided and that the economy would grow at the highest speed.

ISBN: 9783030122478

Standard No.: 10.1007/978-3-030-12247-8doiSubjects--Topical Terms:

555567
Economic policy.

LC Class. No.: JF20-2112

Dewey Class. No.: 338.926

Patentism Replacing Capitalism = A Prediction from Logical Economics /
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