How the present global economies are not scientific and welfare in nature..
Jun 01, 2021
The present global economies are unable to ensure the subjects, employment, free education, free health, food, etc, though it is possible to ensure. The age old tradition of eating of small fish by the big fish is continuing. Hence these economies are not scientific and welfare economies. That is why these economies tremble even to a small gust of wind like the COVID-19 episode.
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Rational Individual Budget Driven Economy (RIBDE) for sustained and robust Economical Growth
Jan 08, 2021
The flow of wealth and labour should be uniform and rational. This will enable every nuke and corner of the economic system, to participate actively in the economic activity. If it happens so, sustained and robust economical growth can be ensured. The budget of every individual should be desingned in such a way that the wealth flows to the fields in proportion to the labour and population engaged in that field. This will enable all the individuals to actively engage in the economic activity. This will lead to astounding economical growth.
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