Without discrepancy with the general economic theory or the Austrian school of economics, we recognize the limitations of the Keynesian ideas and the monetary policies of the Chicago school.
We... More > examine the effects on the economy introduced by government regulation, bureaucracy, assets and debt, which all contribute to economic instability and inevitable recessions.
We introduce the concept of optimization of society’s investment in government, to enable the economy to reach its potential in wealth production, at the same time maximizing the ability for government to deliver its services.
We detail a model of a simple society and use it as an example to quantify how much our total investment in government should be and how this relates to standard of living conditions and government’s ability to provide services.
In summary, we suggest a prevention strategy, rather than seeking for an instant cure for the economy in a time of crisis.< Less
Optimalism is a new approach to government, not positioned to the right or the left on the political scale, but based on facts, science, logic, experience and truth. How much government do we really... More > need? Optimalism answers that question and much more: It proposes an efficient government. Most politicians know that their economic choices are far from optimum for the country and are in fact at the limit of (as bad as) the country can bear. Optimalism applied to taxation will increase government revenue, while at the same time reduce the cost of submission and collection of taxes. There are enough concepts in this book to prompt a second renaissance by improving the way we govern, to allow for a prosperous and just society and help reconcile socialism and conservatism: It provides for the best social programs and it allows for a required level of investment in government. It also guarantees the lowest possible taxation level, the maximum creation of wealth and a limit to the growth of government.< Less