Part B: Creating The Wealth of Nations

Theoretical: Universal Theory Part B: “Creating The Wealth of Nations” – The Universal Theory of Fiscal & Monetary & Exchange Rate (FMER) Policy

Begun ?? 2009, to be started.
Problem: Financial system management of “the inside” (covered by Universal Theory Part A: “The Inside Story”) is frequently conflated with FMER policy in order to criticise the officials who are placed in charge of both.
Mission: This record reintegrates disparately taught FMER theories
- to produce a wholistic understanding of the art of management of the “real economy”,
  - which are responsibilities shared by governments and central banks (in their role of managing exchange rate and money supply),
- establishing FMER policy as an entirely separate body of knowledge (true macroeconomics)
  - from industrial policy (including the financial industry as well as conventional industries, which we may call mezzanine economics)
  - and of course the microeconomics of firm and consumer behavior.
My Prezi-fied Framework