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Are the rich necessary? : great economic arguments and how they reflect our personal values / Hunter Lewis.

By: Lewis, Hunter.
Material type: TextTextPublisher: Mt. Jackson, VA : Axios Press, 2007Edition: 1st ed.Bibliography: Includes bibliographical references and index.Description: viii, 277 p. ; 21 cm.ISBN: 9780975366202; 0975366203.Subject(s): Economics | Social valuesDDC classification: 330 Online resources: Table of contents
Contents:
central economic problem -- Why are we still so poor? -- appeal of science -- Economic arguments -- rich -- Are the rich necessary? No -- Are the rich necessary? Yes -- rich in a democracy -- Are the rich compatible with democracy? No -- Are the rich compatible with democracy? Yes -- Profit-making -- Are private profits necessary? No -- Are private profits necessary? Yes -- Are private profits necessary? No/Yes -- Profit-making and depressions -- Does the profit system cause depressions? Yes/No -- global profit system -- Does global free trade destroy jobs? Yes -- Does global free trade destroy jobs? No -- Glaring inequality -- Are there alternatives to the profit system? Yes/No -- Should we accept this degree of inequality? No/Yes -- Greed -- Does the profit system glorify greed? Yes -- Does the profit system glorify greed? Yes, and a good thing -- Does the profit system glorify greed? No -- Government -- Can government protect us from the excesses of the profit system? Yes -- Can government protect us from the excesses of the profit system? No -- Central banks -- Can central banks protect us from the excesses of the profit system and lead the economy? Yes -- Can central banks protect us from the excesses of the profit system and lead the economy? No -- Four economic value systems -- Competing economic value systems -- Recoiling opposing viewpoints --
Appendices -- Expanding the non-profit sector -- What is a "fair" price? -- What exactly are profits? -- Did the U.S. Congress trigger the Stock Market bubble of the late 1990s? -- Notes -- Index.
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Includes bibliographical references and index.

pt. 1. The central economic problem -- 1. Why are we still so poor? -- 2. The appeal of science -- 3. Economic arguments -- pt. 2. The rich -- 4. Are the rich necessary? No -- 5. Are the rich necessary? Yes -- pt. 3. The rich in a democracy -- 6. Are the rich compatible with democracy? No -- 7. Are the rich compatible with democracy? Yes -- pt. 4. Profit-making -- 8. Are private profits necessary? No -- 9. Are private profits necessary? Yes -- 10. Are private profits necessary? No/Yes -- pt. 5. Profit-making and depressions -- 11. Does the profit system cause depressions? Yes/No -- pt. 6. The global profit system -- 12. Does global free trade destroy jobs? Yes -- 13. Does global free trade destroy jobs? No -- pt. 7. Glaring inequality -- 14. Are there alternatives to the profit system? Yes/No -- 15. Should we accept this degree of inequality? No/Yes -- pt. 8. Greed -- 16. Does the profit system glorify greed? Yes -- 17. Does the profit system glorify greed? Yes, and a good thing -- 18. Does the profit system glorify greed? No -- pt. 9. Government -- 19. Can government protect us from the excesses of the profit system? Yes -- 20. Can government protect us from the excesses of the profit system? No -- pt. 10. Central banks -- 21. Can central banks protect us from the excesses of the profit system and lead the economy? Yes -- 22. Can central banks protect us from the excesses of the profit system and lead the economy? No -- pt. 11. Four economic value systems -- 23. Competing economic value systems -- pt. 12. Recoiling opposing viewpoints --

Appendices -- A. Expanding the non-profit sector -- B. What is a "fair" price? -- C. What exactly are profits? -- D. Did the U.S. Congress trigger the Stock Market bubble of the late 1990s? -- Notes -- Index.

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