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Binary Economics:
The New Paradigm
by Robert Ashford and
Rodney Shakespeare
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Published by University Press of America, Inc., February 1999, 486 pages.
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Publisher's price:
$24.50, Paper
(ISBN 0-7618-1321-7)
$45.00 Cloth
(ISBN 0-7618-1320-9)
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SPECIAL OFFER
FOR CESJ MEMBERS!
For a special donation of $20 (plus $3 postage in the U.S. and $6 outside the U.S.), CESJ members can get a paperback copy of Binary Economics: The New Paradigm. Non-members can obtain a copy from CESJ for a donation at the regular publisher's price of $24.50 plus postage. To order, send a check in U.S. dollars to: CESJ, 4318 North 31st Street, Arlington, Virginia 22207. For more information, contact CESJ at (Tel) 703-243-5155, (Fax) 703-243-5935, or (E-mail) thirdway@cesj.org.
February 1999 486 Pages
Cloth $45.00
ISBN 0-7618-1320-9
Paper $24.50
ISBN 0-7618-1321-7
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Press Release
Binary Economics:
The New Paradigm
by Robert Ashford and Rodney Shakespeare
(University Press of America, Lanham, Maryland, 1999, 464 pp., hardback and paper)
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"This book deserves the Nobel Prize for Economics!", applauds CESJ's Norman Kurland. Binary Economics: The New Paradigm is the most scholarly and clear presentation to date of Louis Kelso's revolutionary paradigm of binary economics and expanded ownership.
The new binary economic paradigm described by Robert Ashford and Ashford Shakespeare fills a void in the thinking of today's academia. It provides solutions to seemingly intractable problems of economic efficiency, distribution and justice left unsolved by conventional economic theories and practices.
With the new binary paradigm, people will be better able to:
- understand and realize their essential economic rights and responsibilities in a market economy and
- cooperate with their governments to make modest reforms to capital markets to enable all people to acquire capital using the earnings of capital.
The binary approach provides the market foundation for many important benefits, including substantial, sustainable growth, more equal opportunity and social justice, increasing earning power for poor and working people, a greener environment, and the economic foundation for robust individual autonomy, strong families, vital communities, and strengthened democracy.
With the new binary paradigm, the broader-ownership movement will have the efficient and moral foundation to realize its full potential.
Binary Economics is written for both specialists and non-specialists in economic matters. It is intended for anyone who believes that economic principles, theories, and practices have a major impact on life. It is essential reading for all people who want to exercise their full rights and responsibilities as citizens. It offers indispensable insights for business, labor, banking, community and religious leaders, as well as for lawyers, financial advisors and fiduciaries. It gives new options to advocates for the disadvantaged, and to public servants responsible for economic policy.
This book explains the essential economic, free-market and democratic principles that conventional economics fails to reveal.
Robert Ashford is a Professor of Law at Syracuse University
Rodney Shakespeare is a Tutor in London
Review of Binary Economics: The New Paradigm |
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