Profile cover photo
Profile photo
Edward Ingram
77 followers -
Macro-economics, Monetary Policy, MMT, Keynes, David Hume, Adam Smith, Financial Services, Financial Stability, Ingram School, ILS, Lending, Saving, Savings, Loans, Bonds, Macro-economics, currency pricing, currency, money creation, interest rates, free markets, steady state, behavioral economics, mid-cycle.
Macro-economics, Monetary Policy, MMT, Keynes, David Hume, Adam Smith, Financial Services, Financial Stability, Ingram School, ILS, Lending, Saving, Savings, Loans, Bonds, Macro-economics, currency pricing, currency, money creation, interest rates, free markets, steady state, behavioral economics, mid-cycle.

77 followers
About
Posts

Post has attachment

Post has attachment

Post has attachment

Post has attachment
Would anyone like to do a doctorate on the Ingram School of Economics?

Here is a summary:

When an engineer is asked to design an aircraft
The first thing he does is to design the framework
It has to fly nicely on its own
THEN he puts in the management system

In economics everything has been done the other way around
Everyone is just trying to manage things better
And it won’t fly.

=============================
Most people are aware of these things:

Savings and Pension plans are not safe
The value of exports is uncertain
The cost of imports is uncertain
The rate of interest is always a worry
The cost of borrowing can ruin a plan…
…or prevent it from happening

Everything anyone decides to do is a risk they would prefer not take.

Here is a book about the solutions:



Post has attachment
AFFORDING THE COST OF CLIMATE PROTECTION

The world is wasting trillions of dollars which can be saved and maybe a billion people can do better and contribute more.

When an engineer designed an aircraft the first task is to make the airframe fly safely on its own. Only then are the management systems designed in.

Economists are all doing this the other way around - UNTIL NOW

Post has attachment
MMT, like all innovative ideas in macro-econoics, needs a firm financial foundation beneath it

What does this mean?

Here is a comment about my book on the Ingram School of Ecnoomics:
----------------------------ABOUT THE AUTHOR
Edward Ingram was angered in the 1970’s by the way the financial system in the UK was throwing people out of their homes and ruining businesses with debts. Inflation was raging and interest rates were constantly rising, yet the value of the debts was constantly being reduced by inflation. Why then, he asked, were regulators insisting that lenders increase the level of repayments on these loans?

Having found a viable solution, widely recognised by actuaries and a whole review panel of others, which had met again and again over many months, he wondered why it was not being accepted. The answer appeared to be the complexity of the world’s economies which confused those with the power to do something when asked to give it their approval.

The exceptions were Graham Hollick, the ex-CEO of Old Mutual Central Africa and past president of the International union for Housing Finance, and a whole review team in Zimbabwe, as well as a duo of academics from Cambridge who set up a mildly similar wages-linked mortgage model for civil servants in Turkey in the 1990s. It is crude but it works. Old Mutual in Zimbabwe approached Edward but backed off because of the difficulty of overcoming the regulations and related legislation.

Not to be blocked by this, Edward dived into more researches on the complex dynamics of the world’s economies to explain what would be affected and why all the effects would be beneficial. This led him into examining more of the world’s economic dynamics, and how they are inter-related than any academic has ever done before.

The task of organising the findings in a wholly readable and clear way proved to be a daunting task, but now it is done. It is available in outline as this currently self-published book, entitled ‘What is the Ingram School of Economics?” ISBN 978-0-7974-8870-0, and in full detail as an online university course at www.nustcce.com under the title of ‘Macro-economic Design and Management.’

Edward C D Ingram practiced explaining it all in over 50 columns written for, and published by, www.fin24.com, and more recently, for other journals and magazines.

His writing encompasses many of the same insights which leading economic researchers are having around the world today, but in a more holistic and simplified setting which has eluded all others.

As Edward explains, when an engineer designs an aircraft the first task is to make sure it is stable in flight. Only then are the management systems put in place. In economics, everything has been done the other way around and the damn thing won’t fly!

There is literally no other person who has looked further and seen further with such clarity as Edward Ingram.

Signed: Taonaziso Chowa, PhD
Lecturer (Actuarial Science & GSB)
The University of Zambia (UNZA)
Great East Road Campus
Cell: +260 96 801 0922
Skype: taonaziso.chowa1
--------------------------------------------------------
The full book can be read here:
http://ingramwebinar01.blogspot.com/p/what-is-ingram-school-of-economics.html

Post has shared content
My book is likely to change everything in economics and finance.

Where should it be best published?

Who can give it the top class reviews to enhance those it already has?

I am slated to lead a 13-week series on National TV to discuss this with a panel of experts and the particular troubles relating to just one of the world's economies starting in July.

You can find out a lot more by searching the internet for Edward C D Ingram

And Macro-economic Design

My book is likely to change everything in economics and finance.

Where should it be best published?

Who can give it the top class reviews to enhance those it already has?

I am slated to lead a 13-week series on National TV to discuss this with a panel of experts and the particular troubles relating to just one of the world's economies starting in July.

You can find out a lot more by searching the internet for Edward C D Ingram

And Macro-economic Design

Post has attachment

Post has attachment
The first real science based challenge to modern economic theory needs your feedback before full publication. An exciting moment, a once in a lifetime moment, in economic history
Wait while more posts are being loaded