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Economics of Real Life a New Exposition
In this book Part I, analytical section of the book, therefore, starts with an isolated human community and expounds the nature of its economic activity (production) for survival and material progress emphasising that production is essentially human interaction with nature. From the first two chapters four analytical tools are derived, ownership, authority, intermediation and asymmetry of information. The rest of the book uses these tools to logically trace the evolutionary process of the economy till it reaches its present manifestation as global capitalism.
