Wealth Expanding Theory Under the Principle of Efficiency-Equity Equilibrium

Wealth Expanding Theory Under the Principle of Efficiency-Equity Equilibrium

Release Date: June, 2022|Copyright: © 2022 |Pages: 279
DOI: 10.4018/978-1-6684-4935-6
ISBN13: 9781668449356|ISBN10: 1668449358|EISBN13: 9781668449370
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Description & Coverage
Description:

It has been suggested that national economic policies should focus on taxation to achieve social equity and interest rates for economic efficiency; wealth distribution can balance efficiency and equity through tax rates, interest rates, and exchange rates. Additionally, while the economic system seeks efficiency and the social system pursues equity, common interest modifications with elastic exchange and tax rates should be applied for balancing efficiency and equity.

Wealth Expanding Theory Under the Principle of Efficiency-Equity Equilibrium is a comprehensive reference source that considers economic philosophy for extending economic cognition, balancing economic efficiency and social equity, and future interstellar economics. Covering key topics such as poverty, fiscal policy, and macroeconomics, this reference work is ideal for policymakers, government officials, business owners, economists, managers, researchers, scholars, academicians, practitioners, instructors, and students.

Coverage:

The many academic areas covered in this publication include, but are not limited to:

  • Economic Efficiency
  • Economic Philosophical Thinking
  • Economics
  • Fiscal Policy
  • Grand Synthetic Economics
  • Interstellar Economics
  • Macroeconomics
  • Monetary Policy
  • Poverty
  • Social Equity
  • Wealth Expanding Theory
Reviews & Statements

It is suggested that national economic policies should focus on taxation to achieve social equity and interest and exchange rates for economic efficiency. Some important issues such as wealth distribution, reducing poverty, interstellar economics, economic philosophy are also discussed.

– Prof. Fred Ye, Nanjing University, China
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Editor/Author Biographies
Fred Y. Ye (Ying Ye) is an interdisciplinary scholar. His research interests cover scientific metrics, economics and physics. His publications include more than 100 published articles, 6 monographs and 3 textbooks. His main academic contributions include (1) scientific metrics with interdisciplinary applications and h-type metrics for network analysis; (2) vortex field theory for physics and wealth expansion theory for economics; (3) triad philosophy for merging eastern and western thoughts in contemporary philosophy. His research interest also extends to spirit philosophy. Dr. Ye was a Fulbright research scholar in the USA and a fellow, European Academy of Sciences and Arts. Now he is an emeritus professor in Nanjing University and lives in US.
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