Monograph presenting a new plan to cure inflation and steady state economy - examines the nature, effects and causes of the problem, past remedies of regulation of money supply, wages and price control, and presents methodology, framework and practical applications of the new economic theory combining positive elements in monetary policy, fiscal policy and incomes policy with the use of market mechanism. Bibliography pp. 120 to 124 and statistical tables.

This volume covers the theoretical method, macroeconomics, microeconomics, international trade and finance, development, and policy of economic theory. It incorporates various alternative approaches as well as a broad spectrum of policy issues.