ECONOMICS
(1)
SECRETS OF
ECONOMICS
SUMMARY
Part I The economic
development of uman society
Chapter I The origins
Part II The economic Theory
Chapter II The hypothesis of functioning
Chapter III The production
Chapter IV The productive sectors
Chapter V Searches, Advancement
Chapter VI The historical, juridical and economic role of the
State
Chapter VII Readings of history and of the very ancient economy
INDEX
The
secrets of the economy
Introduction
PART I THE ECONOMIC DEVELOPMENT OF MEN'S SOCIETY 16
Chapter I - The origins 16
I.1 The Primordiums 16
I.2 The origin of the market. The international commerce.
The division of labour 19
I.3 The origin of the currency 20
I.4 The present time 25
PART II THE ECONOMIC THEORY 27
Chapter II - The hypothesis of operation 27
II.1 The utilities 28
II.2 The prices 31
II.3 The costs 34
II.4 The general scheme of supply and demand 34
Chapter III The production
III.1 The production in monopoly 40
III.2 The function of production: uselessness of the concept 43
III.3 The influence of competition on the costs and on the secular
prices 44
III.3.1 The trend of the costs curve not more to U but horizontal 47
III.4 Exercises 49
III.5 Is it easy to work on the enterprise?
Is it easy to work on do the juvenile entrepreneurship? 53
Chapter IV The productive sectors.
55
IV.1 The industrial sector (sector I) 55
IV.2 The agricultural sector (sector II) 62
IV.2.1 The agricultural sector today.
65
IV.3 The economy of the three productive sectors and of the State 66
IV.4 Conclusions 69
Chapter V Searches. Advancement. The monetary system 71
V.1 What is the monetary system? 71
V.1.1 Recent Variation of the value of gold 74
V.1.2 Inconvertibility of the Dollar and market of the Eurodollar 75
V.1.3 The stability of the currency and of the monetary systems 75
V.1.4 What is the endogenous offer of the currency? 78
V.1.5 The control of the inflation 79
V.1.6 The theory of the prices 81
V.2.1 The currency, the saving and the investment 82
V.2.2 Historical Documentation of the economic knowledge 85
Chapter VI - The historical, juridical and economic role of the State 90
There. 1 The historical role 90
VI.2 The juridical role 91
VI.3 The economic role 93
VI.4 What's the capitalism? 94
VI.5 Notice 95
Chapter VII- Readings of history and of the very ancient economy 97
VII.1 Industrial activities in Europe from the Middle Ages to the
³ industrial Intensification ² 97
VII.2 Currency and finances in the Mesopotamian clay tablets
(4500 years ago) 103
VII.3 The origin of the economy in the archaic Persia 108
VII.4 Ancient Economy in Attica 112
VII.5 The origin of the city in Plato 114
The secret of the
economy
SUMMARY
Chapter I The historical Introduction and background observations.
Chapter II Structure of textbooks. Analysis.
Chapter III Overtaking of the structure of the textbooks. Aridity
of all.
Advancement further than the textbooks.
Chapter IV Keystones of truth of classical Keynesian theory that
are normally
hidden. Importance and utility of the market.
Chapter V The role of the aggregate realities of market, those European
(European Union)
and those global.
Chapter VI Absolute management of the economy.
Conclusions
INDEX
The SECRETS OF THE ECONOMY
II
PART I THE HISTORICAL INTRODUCTION AND BASIC OBSERVATIONS .
Chapter 1 The secret of the economy. Basics principles.
10
PART II TEXTBOOKS AND ADVANCEMENT.
Chapter II Structure of the textbooks. Analysis
117
2.1 Classical Theory.
118
2.1.1 Competitive and monopoly Markets.
131
2.1.2 Balance of the single enterprise in competition.
132
2.1.3 Other mixed cases of competition and monopoly.
135
2.1.4 Considerations of large markets.
136
2.1.5 The job market.
137
2.1.6 The credit market and the capitals market.
139
2.2 Keynesian theory .
142
2.2.1 How the so-called Keynesian theory works.
142
2.2.1.1 Is the said ³multiplier² theory valid? 146
2.2 Scheme of Keynesian balance Demand-Offer
of income (flows of flows). Scheme of operation
of the functions flows of flows . Theoretics integration
of the markets expressed in terms of demand-offer
and prices and the Keynesian model that uses functions
of flows on flows.
147
2.2.3 The economic theory would have finished here.
150
2.2.4 How to manage the graphic schemes? 150
2.3 Present advancement in the textbooks
only summarily and here deepened.
153
2.3.1 Theory of the production.
153
2.3.2 The theory of the investments.
157
2.3.3 The function of the consumption.
159
2.3.4 The theory of the foreign commerce.
161
2.3.5 The importations and the exportations.
161
2.3.6 The theory of the currency and credit.
165
2.3.7 The Market.
168
2.3.8 Theory of the integration and of the global and
regional market.
168
2.3.9 The role of the State in Economy. Public expenditure and
taxation.
171
2.3.10 The theory of the income distribution.
172
2.3.11 Examples of false theory of the textbooks.
175
Part III ADVANCEMENT BEYOND THE TEXTBOOKS
ECONOMY
BEYOND THE TEXTBOOKS
Chapter 3 Overcoming of the structure of the textbooks.
Aridity of all.
185
3.1 The non historical reference or the false historical reference.
185
3.2 Non reference to the real Economy.
187
3.3 Ideological references and false theory.
189
3.4 Theoretical principles not enunciated.
191
Chapter 4 Bases of truth of classical and Keynesian theory
that they are hidden. Importance and utility of the market.
192
4.1 Consumption as fruit of the production.
192
4.2 Investment as base of the efficient production
that allows the consumption.
192
4.3 Production as a way of search of the consumption through
the renumeration of the efforts of production.
193
4.4 Theoretical bases of the foreign commerce: the division of labour.
194
4.5 Commercial and financial globalization .
195
4.6 Monetary theories and credit theories : true and false.
196
4.7 The public expense: justifications. Legitimate taxes and taxes
of abuse of power and of dominion. Insuperable limit of the taxes and
Constitution.
198
Chapter 5 The role of the realities of united market, those European
(European Union), and those mondial .
202
5.1 Territorial partiality and territorial generality.
202
5.2 Sectorial partiality (goods or markets) or normative partiality;
and generality of markets or normative generality.
203
5.3 Fundamentality of the liberty to produce in a free market.
204
5.4 Maximum ampleness of the market, maximum benefit.
205
5.5 Lack of liberty as a way to cause poverty and
small comfort for social control ends.
206
5.6 Unemployment.
207
5.7 Relation between development of the economy and development of the
population.
208
Chapter 6 The totalitarian management of the Economy.
210
Themes
(2)
1. IS THE PROBLEM OF THE SOUTH OF
ITALY ITALY AN ECONOMIC REGIONAL PROBLEM?
NO, IT IS THE PRODUCT Of A NEGATIVE INTENTIONAL POLITICAL CHOICE
Introduction
1.1) The missing action of development
1.2) The historical origin of the problem of the South of Italy
1.3)The exit of the problem of the South is very simple
1.4) History of the extraordinary intervention in the South of Italy
1.5) An ancient adjustment, the oceanic emigration of the nineteenth
century
1.6) Perspective of the problem of the South of Italy
1.7) Conclusions
2. THE INSTRUMENTS OF THE ECONOMIC POLICY .
3. ADJUSTMENT OF BALANCE OF THE PAYMENTS AND INTERNAL
PRICES
IN THE ITALIAN ECONOMY FROM 1970 TO TODAY.
Premise: does a specificity of the period exist? Yes, it exists .
247
PART A. THE ADJUSTMENT OF BALANCE OF THE PAYMENTS.
251
1) Measures of balance of the payments.
251
1.1) It is worth the old classification of the balance of the payments
in two ways:
real balance and monetary balance.
251
1.2) Commercial balance .
251
1.3) Internal problems of statistic measurement of the balance of the goods or
mercantile.
253
1.4) Incorrect measures and lack of information.
254
2) External shocks in an economy in balance. Balance of growth.
254
2.1) Origin of the Shocks: high variations of the price of the petroleum, high
variations of the change of the dollar. Cumulation of the two factors.
Inflation. 256
2.2) Effects of the Shocks on the other variables: interest rates, new
territorial order of the industry and of the economy.
260
2.3) Cumulation with external diseconomy: the law of the fair rent and
non mobility of the work force .
261
3) Effects of all that. Reduction of the economic activity as adjustment? 263
3.1) Cyclical reduction and of longer duration.
264
3.2) Continuous reallocation and flexibility.
266
3.3) Malthusiano Effect.
267
4) Exit with the ³New Economy² of the seventies? 268
5) Block of the infrastructures as increase of the difficulties
of adjustment of the Italian economy. Anticapitalistic attack?
Yes. 270
6) Mechanisms of the adjustment of the balance of the payments.
271
6.1) Monetary policies: taxes and quantity of currency.
272
6.2) Adjustment through monetary policy: rates and quantity of currency.
273
6.3) Fiscal policy: general or selective.
273
6.4) Policy of adjustment of b.p. based on the variation of the exchange
rate
(TC). 274
6.5) Simplified model s of the repercussions of the process of the
adjustment of b.p. 278
6.5.1) Internal mechanisms in parallel with the adjustment in the competitor
countries.
Better or worse adjustment. Accessibility of the result of adjustment.
280
6.6) Is the adjustment always possible? No, it is not always possible.
281
6.7) Conditions of the adjustment. The flexibility. The false heuristic
of the condition of M-L, tautology to overcome.
283
DISCUSSION
PROF.
PILI Disinformation and Economy
THE STATE OF ECONOMIC SCIENCE
1.1.
The wrong teaching of the economic science.
1.2. Lack of information and the economy.
1.3. Lack of information everywhere.
2. Development and truth, falsehood and poverty; policy.
2.1. Non connection between economic science and entrepreneurial activity.
High
entrepreneurial level, small entrepreneurial level.
2.2. Reduction of the political role of the entrepreneurs. Reduction of the
political role of the
economic landscapes.
2.3. The role of the economic landscape. Economic role and income.
2.4. Predation with the taxes.
2.5. Non development and antidemocratic control. Negative political activity
with the state of affair
in the economy (unemployment and low development).
2.6. Falsehoods relative to the transports ( non intelligent
departures ).
2.7. Economic policy to manage pre-established political orders.
(Anticapitalism and false solidarity).
2.8. Stable generation of the excesses in the labour market (unemployment).
Political role
of dominion of the unemployment.
DISCUSSION
1)
The political and economic role of the landscape.
2) The fact of the day.
ECONOMY
AND FINANCE (4)
1 Stock market and its secrets
2 The role of the Banks
3 Global distribution of the development
4 Regional Italian development
5 Regional European Development
6 The fonts of energy
7 The market forms
8 The history of the Economy
9 Lacking Infrastructures- The financing from the provoked hardships
10 The excess of taxation
PROJECTS
(5)
1
Project infrastructures
2 Project reduction of the taxes
3 Project flexibility works
4 Project liberal culture
5 Project free market urban residences
6 Illegal migrations. No THANK YOU
7 Scientific research and productive intensification
8 Welfare, development
9 Liberal communication and television disinformation
10 Anticapitalism
RESEARCH
(6)
1)
INTRODUCTION TO THE INDUSTRIAL ECONOMY. CONNECTIONS WITH MICRO AND
MACRO THEORY . 1995.
BY
PROF.MARCELLO PILI
RESERVED
PART A)
1) Introduction and book-keeping problems
2) Economic particularities of the industrial sector
3) Historical origins and profile of development of the industrial sector
3a) The origin of the economic science
4) The laws of the industrial development and the theory of the enterprise
4a) The variation of long period of the static curves of the costs
4b) The variation of trend or secular of the static curves of the costs
4c) The historical curves of the costs
4d) The extension of the space between supply and demand (prices and
costs) as base of the
expansion of the produced quantities
4e) The dynamic effect of the competition
4f) The role of the investments
5) The investments
5a) The function of the classical investments
5b) Accelerator and stock adjustment
5c) A model for the amortizations
6) Relation between the investments and the form and the position of the curve
of the costs
6a) The role of the organization
6b) Industrial concentration, productive decentralization, workmanship for
account
6c) The atypical forms of the productive organization of the submerged
industry in Italy
6d) The role of the small and middle enterprises
7) Industrial Economy and economic policy
8) Influence of the economic actual policy on the structure and on the level
of the costs and of
the demand
8a) The rate of interest
8b) The level of the taxation
8c) The costs of the congestion and urban mismanagement and of the services
9) Continuous alternatives of restriction-expansion cycles . Effect of
elimination
9a) Malthusian effect on the enterprises
9b) Reduction of the real level as regards the potential one of
industrialization of a country
(Italy)
9c) The problem of the employement
9d) Economic-demographic Interaction on the population
10) The macro variables of the efficiency-inefficiency
10a) Rate of interest
10b) Taxation
10c) Non fluidity of the housing market (tenancies, ex equitable rent)
10d) Bad state of the infrastructures and of the services
10e) Non fluidity of the labour market
11) A train that runs on the tilted platforms , goes but......?
12) The continuous devaluations and the inflation
13) The Italian results
PART B)
14) Fonts of financing of the enterprises
14a) Ordinary credit to the production
14b) Special credit (a m.l.t.) for the investments
14c) The debenture market
14d) Shares and stock exchange quotations
14e) The stock exchange
PART C
15) Problems of the economic development.
Developed countries and underdeveloped countries
Conditions of the economic development
Conditions of recoverability of the economies struck by the economic ³crises²
Petroleum crisis and destabilization of the changes as base of the instability
of the last twenty
years
Continuous instability and crisis of the economic development.
2)
THE ITALIAN BALANCE OF PAYMENTS: STRUCTURE AND BOOKKEEPING PROBLEMS.
PROGRESS OF FOREIGN COMMERCE IN THE SEVENTIES, EIGHTIES AND
NINETIES PROF. MARCELLO PILI
1. The Italian balance of payments. Structure and bookkeeping problems.
1.1. Definition
1.2. Bookkeeping problems
1.3. Structure
2. Progress of the foreign commerce in the years 1970-80-90
2.1. Progress of the stock of goods
2.2. Implications
2.3. Structure of operation
2.4. Progress for countries of reward
2.5. Explanation
3. Interpretations and errors on the evaluation of the foreign commerce in
Italy: the
discussions
4. The generalization of the free market. Backward steps with the current
monetary crises
4.1. The generalization of the free market
4.2. Backward stepswith the current monentary crisis
ARTICLES
(7)
PRINTED
ARTICLES Of PROF. MARCELLO PILI
1) The parsimonious South of Italy.
(The "Sole 24 ore" 8.7.86)
2) The economy of the Lazio. Is the financial rule of the region reduced
?
(The "Corriere della Sera" 4.1.86)
3) Italy of the false commonplaces on the Italian Economy.
(The "Opinione"16.10.94)
4) But the increase of the cost remain the knot that the
government has to unknot.
(The "Independente" 18.5.93)
5) The danger that there isn't (Inflation).
(The "Opinione" 27.9.94)
6) Elasticity of the system and of enterprise and rigidity of system in the
Italian development
from the second postwar period to now.
("Scienza e Business", II Year, n, 1-2, Drafts,
2001)
7) A current destabilizing current that ties all the big financial crisis.
(The "Opinione" 5.11.94)
8) The eternal struggle of the munificent Italy.
(The "Opinione" 27.11.94)
9) Sovereignty of the citizen and liberty.
(The "Opinione" 9.5.97)
10) This providential Pil that balance the political accounts.
(The "Opinione" 30.10.94)
*********
11) Those teachers of the economic theory that speak different languages
in the University and in the square.
(The "Opinione" 02.10.94)
12) Liberal policy and mass media deformation .
(The "Opinione" 23.05.97)
13) Liberals and mass media deformation (2).
(The "Opinione" 31.05.97)
14) Liberalism, Christianity and communism.
(The "Opinione" 05.11.97)
15) Political blackmails and mafiosa democracy .
(The "Opinione" 22.04.98)
16) Consent in democracy and in tyranny.
(The "Opinione" 11.02.98)
17) Our welfare is their misfortune .
(The "Independente" 27.07.93)
18) Liberals and mass media.
(The "Opinione" 23.09.97)
19) Elections and unrest.
(The "Opinione" 27.11.97)
20) Liberals and mass media deformation(2).
(The "Opinione" 31.05.97)
21) Soviet unquestionability.
(The "Opinione" 24.07.98)
22) Victory, defeat and recovery of "Forza Italia".
(The "Opinione" 09.07.98)
23) The church and the ideology.
(The "Opinione" 04.06.98)
24) The tools of the regime.
(The "Opinione" 25.06.97)
25) Liberals and mass media.
(The "Opinione" 28.08.97)
26) Liberals and mass media.
(The "Opinione" 12.07.97)
27) Liberals and mass media.
(The "Opinione" 31.07.97)
28) The magic flute of the welfarism
against which the true liberals have to fight.
(The "Opinione" 07.01.94)
29) Low Policy.
30) Berlusconi: a process of heresy.
31) Economy and policy: the provoked deficits.
32) The ecologist scam .
DOCUMENTS SYNTHESIS (8)
1)
Relation on the economic Situation of the Country (Min. Budget)
2) Relation of the Bank of Italy
3) Other (General Confederation of Italian Industry )
INDEX
BOOX ( 9 )
1)
The fact of the day
2) Bad management of Rome and Lazio
3) The Transports: the Motorist
4) Common places and Bla' Bla'
5) Liberal Initiative
6) Disinformation and Falsification by the mass media in the Universities.
Bad policy and false ecology
7) Help Berlusconi?
8) The reasons of the inconclusiveness of Italian politics
9) Anticapitalism and terrorism
10) The level of welfare that today we could have with the used
technique and without the Anticapitalism
11) Measure your ability of economist beginner ( Basic test )