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  • 3D Economics

    de Hak Choi ...
    Series Libro 1 - Profit Economics Series
    Up till now, Economics is written in p-q 2 dimensions. This book includes the space variable and makes Economics 3-dimensional. It then overhauls all economic theories, especially the competition theories: monopoly demand is more elastic, colluded duopoly covers the whole market; kinked demand is redundant; etc.This book is suitable for courses like Microeconomics, Customer Relation Management, ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Disproving the Lagrange Calculus

    A Fundamental Reassessment of Lagrangian Dynamics

    de Hak Choi ...
    Series Libro 123 - Profit Economics
    Lagrange calculus claims to be capable of solving consumption and production problems. Although it does derive a negative input-demand relationship, this book points out that the results are inconsistent with the pre-ordered output or input, and cannot ensure output maximization or cost minimization. This book further proves that simple algebra or geometry can produce the desired results, making ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Disproving Karl Marx’s Interest Rate Theory

    de Hak Choi ...
    Series Libro 63 - Profit Economics Series
    Karl Marx set profit to zero to obtain some maximum interest rate and called it profit rate. He further argued that interest rate must be lower than profit rate. That is Marx’s interest rate theory. This book disproves Marx’s profit rate, and hence his interest rate theory. It also advocates abolishing internal rate of return. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Business Cycle: Untold

    de Hak Choi ...
    Series Libro 29 - Profit Economics Series
    What is business cycle? It is economic forecast. Forecasting is fortune telling; it is superstition; it is not science. This book reveals the true face of several great economic forecast models. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Disputing Ronald Jones’s General Equilibrium

    de Hak Choi ...
    Series Libro 122 - Profit Economics
    Ronald Jones uses two quantity equations to solve for a quantity equilibrium, and two price equations to solve for a price equilibrium. From these two price and quantity equilibria, he claims to achieve a country’s general equilibrium. Furthermore, with two unrelated country equilibria, he claims to achieve trade equilibrium. That is an ambition too large. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Re-explaining Ohlin

    de Hak Choi ...
    Series Libro 121 - Profit Economics
    Bertil Ohlin was dissatisfied with Ricardo’s use of only labor to explain international trade, so he introduced other inputs, such as land. In place of comparative advantage, he used input abundance and intensity to explain trade. Jones, Kemp, and Rybczynski tried to interpret factor abundance and intensity using Ricardo’s production possibility curve (PPC). Naturally, they ended up with the same ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Central Bank: Untold

    de Hak Choi ...
    Series Libro 28 - Profit Economics Series
    This book proves that central bank is not a bank, it does not earn any money, but fabricates only false account. Many people think central bank is almighty. They expect it to rescue the economy, earn money for its government and control inflation, etc. Actually, it is capable of nothing. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • IPO: Untold

    de Hak Choi ...
    Series Libro 6 - Profit Economics Series
    IPO is the dream of many entrepreneurs, for that way they can cash in their effort, or obtain more money to run or expand their business. Seeing the listed price jumps higher, some stockholders feel happy for the increased wealth. The fact is, their wealth has been eroded. This volume shows how company management scams money with IPO. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • How to Profitably Raid a Company

    de Hak Choi ...
    Series Libro 61 - Profit Economics Series
    Merger & Acquisition can enlarge a business to take advantage of the so-called economies of scale, but there is another conspiracy. This book teaches you how to raid a company, poor or rich, and even your own company. But if you don’t want to be a raider, do you still buy or keep those stocks? ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • FinTech: The Magical Wealth Multiplier

    de Hak Choi ...
    Series Libro 62 - Profit Economics Series
    Modigliani and Miller (1958) advocated more borrowing for higher rate of return. This paper uses FinTech to update their theorem. It also proves that FinTech’s multiplier is more magical than the deposit one. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Disproving Pareto’s Contract Curve Geometrically

    de Hak Choi ...
    Series Libro 119 - Profit Economics
    Pareto's contract curve is a geometric concept. This booklet disproves it geometrically. There are two conditions for its existence: the Edgeworth Box must be a square, and the isoquants must be symmetric. Since upholding both conditions simultaneously is impossible, existing contract curves are fabrications. ... Leer más

    $2.43 USD o gratis con Kobo Plus

  • Disproving Pareto’s Contract Curve Mathematically

    de Hak Choi ...
    Series Libro 120 - Profit Economics
    Pareto’s contract curve is a geometric concept; consequently, many textbooks supplement it with mathematical justification. This booklet disproves such mathematics. It argues that treating two antagonistic firms as a single entity is flawed, and that maximizing an ever-increasing objective can never yield a solution. Furthermore, this paper clarifies that output is a third-dimensional measure; ... Leer más

    $2.43 USD o gratis con Kobo Plus