macroeconomy

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The Natural Price Theory and Macroeconomic Model
Gonzalo Pérez-Seoane

Abstract

The Natural Price Theory and Macroeconomic Model suggest the existence of a
natural economic order, an order which may be hidden in the very essence of
human social and intelligent behaviour, an order which would facilitate the
ultimate harmonisation of the actions of all individuals, peoples and nations, an
order which would make the world economic system, as a whole, both
understandable and rational. The Natural Price Theory and Macroeconomic
Model has its origin in the empirical analysis performed on the principal
macroeconomic variables of: France, Belgium-Luxembourg, Holland, Germany,
Italy, United Kingdom, Ireland, Denmark, Greece, Portugal, Spain, United
States, and Japan.

1.- The Natural Price Theory

The natural price theory suggests that every good or service m...