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List of Tables | |
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List of Figures | |
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Preface | |
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Introduction | |
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The Human Income-Expenditure Balance | |
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The Human Income-Expenditure Balance in a Non-Monetary (Robinson Crusoe) Economy | |
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Framework of Analysis | |
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Diminishing Utility and Demand for Consumption Goods | |
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Allocation of Time and the Supply of Consumption Goods | |
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The Human Income-Expenditure Balance (Basic Human Accounting) | |
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The Emergence of Tools, Deferred Consumption, and Basic Human Accounting | |
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Pure Investment and Expansion of Demand and Production | |
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The Human Income-Expenditure Balance in a Monetary Economy (a Household/Firm Model) | |
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The Role of Money in an Economy with Households and Firms | |
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The Income-Expenditure Balance for Households and Firms Where Households Own the Stock of Consumption Goods | |
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The Income-Expenditure Balance for Households and Firms Where Some Consumption Goods Are Diverted for "Pure" Investment | |
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The Income-Expenditure Balance for an Economy Including a Government Sector | |
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The Fundamental Drivers of Demand | |
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Implications of Our Analysis Based on the Income-Expenditure Balance | |
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The Need for Analysis of Human Desire | |
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Fundamentals of the Theory of Diminishing Utility | |
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The Utility Attrition Function and a Model of Human Desire | |
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The Utility Attrition Function and a Typical Example | |
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Special Examples of Utility Attrition Functions | |
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The Relationship Between Diminishing Utility and Human Desire | |
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A Consideration of Consumption Units | |
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Modeling the "Utility Account" and Derivation of the Goods Utility Function | |
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Modeling the "Utility Account" and Derivation of the Goods Utility Function | |
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Attributes of the Goods Utility Function | |
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Changes in the Utility Attrition Rate and Their Impact on Demand | |
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The Goods Utility Function Under Relaxed Assumptions | |
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An Extension of the Concept of Diminishing Utility and Factors that Determine the Utility Attrition Rate | |
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The Relativity of Utility Attrition Rate Determination | |
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The Impact of Goods Maintenance and Damage | |
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Utility Attrition and Its Causes | |
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Real Utility Attrition and Monetary Utility Attrition | |
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Analysis of a Non-Monetary Economy | |
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Derivation of the Expected Goods Utility Function and Determination of Output Quantities | |
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Maximizing Expected Goods Utility with Multiple Goods | |
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Derivation of the Expected Goods Utility Function | |
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Determination of Output Quantities for Given Labor Time | |
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Derivation of the Leisure Utility Function | |
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Maximization of Expected Total Utility and Simultaneous Determination of Output Quantities and Resource Allocation | |
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Definition of Expected Total Utility Function and Maximization Conditions | |
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The "Basic Equation of Labor" and Robinson Crusoe's Subjective Equilibrium | |
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Framework for Simultaneous Determination of Output Quantities and Resource Allocation | |
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Meaning and Impact of Changes in the Ratio Between Utility Parameters | |
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Determination of Pure Investment Good Output Quantity and the Supply-Demand Adjustment Process | |
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Commissioned Labor and Determination of Pure Investment Good Output Quantity | |
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The Supply-Demand Adjustment Process for Pure Investment Goods | |
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Extension to Analysis of a Monetary Economy | |
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Analysis of a Monetary Economy and Determination of Output Quantities and Resource Allocations | |
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Analysis of Household Behavior | |
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Analysis of Corporate Behavior | |
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Derivation of the Equilibrium Price Ratio | |
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The Income Distribution Principle Under Profit Maximization and Derivation of the Labor Supply Curve | |
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Labor Market Equilibrium | |
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Framework for Simultaneous Determination of Output Quantities and Resource Allocation | |
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Household Savings and Determination of Pure Investment | |
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The Supply-Demand Adjustment Process for Pure Investment Goods | |
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Introduction of Monetary Elements and Completion of Our Framework | |
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The Loanable Funds Theory and Determination of Interest Rates | |
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The Relationship Between the Utility Attrition Rate and the Money Supply | |
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The Quantity Theory of Money and the Determination of Price and Money Wage Levels | |
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Measurability of the Utility Attrition Rate | |
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Measuring the Utility Attrition Rate | |
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A Simple Worked Example | |
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Human Psychology and Economic Fluctuation | |
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Human Psychology and the Economic Cycle | |
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Non-Linearity of the Utility Attrition Function and the Emergence of an Economic Cycle | |
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Monetary Factors and Their Impact on the Economic Cycle | |
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The Formation and Collapse of a Financial Bubble | |
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Changes in Industrial Structure and Their Impact on the Economic Cycle | |
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Human Psychology and Economic Growth | |
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Pure Investment Activity by Firms and Economic Growth | |
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A Brief Consideration of Technological Innovation | |
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The Effectiveness of Aggregate Demand Management Policy | |
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Controllable Loan Balances and Utility Attrition | |
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The Relationship Between Market Interest Rates and Utility Attrition | |
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Equilibrium Conditions for the Loan Market | |
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Determination of the Utility Attrition Rate and the Market Interest Rate | |
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The Effectiveness of Aggregate Demand Management Policy and Characteristics of Our Theoretical Framework | |
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The Effects of Fiscal Policy Action | |
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The Effects of Monetary Policy Action | |
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The Classical Dichotomy and Our Theoretical Framework | |
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Dynamic Analysis of Demand Psychology and Policy Implications | |
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Derivation of the Purchase Price Function for a Representative Household | |
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The Relationship Between Goods Supply Prices and a Household's Reconsumption Cycle | |
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The Purchase Price Function for a Representative Household | |
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Derivation of the Cumulative Purchase Quantity Function and Dynamic Aspects of Demand | |
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The Distribution of Purchase Prices Throughout the Household Sector and Derivation of the Cumulative Purchase Quantity Function | |
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Dynamic Aspects of the Demand Quantity Determination Process for the Household Sector | |
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Short-Term Economic Stimulus Measures | |
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The Impact of Non-Discriminatory Spending Policy | |
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The Impact of Non-Discriminatory Spending Policy During a Deep Recession | |
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Discriminatory Spending Policy and Its Effectiveness | |
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Estimating the Cumulative Purchase Quantity Function | |
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Points to Consider Regarding Discriminatory Spending Policy | |
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A Summary of Our Theoretical Framework | |
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A Summary of Our Theoretical Framework and Its Characteristics | |
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A Summary from the Perspective of Microeconomic Theory | |
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A Summary from the Perspective of Macroeconomic Theory | |
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Characteristics of Our Theoretical Framework | |
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A Brief Discussion of Underemployment Equilibrium Analysis | |
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The Labor Market and Downward Rigidity of Money Wages | |
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Corporate Profit Trends and Labor Adjustments (in Terms of Household Numbers) | |
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Directions for Future Research | |
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References | |
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Index | |