This is my second book published but first on the internet.
Book Title: Upgraded Economics
Author: Thomas Ulrich Schwab (c)2019
This book aims to upgrade the way Economics as a field of study is done. Theories
abound about what purpose Economics serves now and for the rest of the
21st Century and beyond.
There is a well bandied joke about economists which goes something like the
following: ask for an opinion about an economic problem and you'll get plenty of
different responses. Most responses will contradict each other. There is only one
particular problem but yet according to economists there are a multitude of solutions
with varying degrees of certainty about whether they'll work.
Without a doubt in most aspects of our daily lives to some extent there are questions
of an economic nature which need answering. One only has to pick up a daily
newspaper and on the front page there will be an economic story of sorts. These
stories relate to interest rates or unemployment or boom in real estate or industry
super versus retail super and so on. Come budget time whether federal or state the
majority of the newspaper will be devoted to it.
Chapter Three: The CDA Sequence and Forces/Processes/Linkages
The economy functions the way it does because of forces at work at the
domestic and international levels. Today the global economy largely affects
what happens at the domestic level. For instance, climate change is a world-
wide issue and the so-called Paris Agreement stipulates how individual
countries will reduce their carbon emissions. This in turn provides the impetus
for governments at all levels to come up with a climate policy in line with this
agreement. Each country ideally wants to be seen as a good global citizen.