Presenting a radical revision of modern economic theory, this analysis adjusts the entire range of economic thought in relation to the fundamental part played by land, the significance of credit-especially in the banking system-and the crucial impact of the taxation method. The resulting system based upon natural law, economic security for all, fair distribution of output, and the opportunity for self-fulfillment through work draws upon the masters of economic thought-from Smith and Ricardo to Marshall, Schumpter, and Keynes-but also provides new insights by highlighting concepts often omitted from current studies of their works.
