Strategic Demand and the Growth-Inflation Curve

Abstract

The central concept in this book is strategic demand. It is a force that arises from the unfolding of the dominant dynamic strategy driven by materialist man — a force that fluctuates with the changing fortunes of existing strategic opportunities. This is, I argue, an entirely new concept in economics, which promises to redress the balance in a discipline that, since the rejection of ‘divine demand’ in Adam Smith’s system, has adopted a supply-side approach to macroeconomics. And because of this our view of the real world is distorted and our policy advice is inappropriate.