Economics The World as One Economy Author:Rudolf Steiner, Christopher Houghton Budd Today's economic reality is that of a single global economy that has long ceased to comprise separate national areas. A global approach to economic life is therefore needed and with it a dynamic analysis of the economic process—something that can only happen once we find a path that takes us beyond the confines of nationalistic thinking. Not ... more »generally known for his contribution to economics, Steiner shows a remarkable knowledge of economic history and a firm grasp of day-to-day problems—from the price of gold to the structure of state capitalism. Though they took place in 1922, the lectures presented here have lost nothing of their relevance; the problems facing humanity at the end of World War I have never been properly addressed and are set to return. For those who want to penetrate the gloss of market economics and the usual obfuscation by modern economists, this is a mine of valuable insights, prefaced by an essay that puts Steiner's contribution to economics in context.« less