The author builds two macro foundations which lead to an understanding of the economic conditions a society must satisfy in order to exist, survive, and develop. Social subsistence is used as the entry point and fundamental principle, while both production and distribution survival conditions are formulated.

Autorentext
DAVID GOALSTONE has taught economics and political economy in the United States, Japan, South Korea, and Bangladesh. He is currently a Visiting Professor in the Department of International Studies, University of Miami.

Inhalt
Preface Introduction PART I: MODERN MACROFOUNDATIONS Social Subsistence Life Expectancy Population Production-Survival Conditions Productivity Limits Macroeconomics Macrofoundation: Diagrams Macrofoundation: Algebra Real Wages Principle of Social Subsistence PART II: CLASSICAL MICROFOUNDATION Classics Roots of Civilization Rise and Fall of Empires Ecocide Dismal Science Steuart Malthus Revolution and Rebellion Abuse of Macrofoundations Rehabilitation of Classics Interlude Guns and Butter Butter and Books PART III: ASPECTS OF DEVELOPMENT Stages of Growth Agriculture Land Reform Infrastructure Leverage and Bankruptcy Asian Miracle Foreign Direct Investment Natural Disaster I Natural Disaster II Alternative Development