Modern Applied Macroeconomics - The Pension Problem and the Current Pension Rebate
Author | : Peter James Rhys Morgan |
Publisher | : Lulu.com |
Total Pages | : 144 |
Release | : 2019-03-12 |
ISBN-10 | : 9781513648330 |
ISBN-13 | : 1513648330 |
Rating | : 4/5 (30 Downloads) |
Book excerpt: This book contains the macroeconomic and pension reform paper, "The Pension Problem and the Current Pension Rebate" which was originally published electronically in 2006. The paper was sent to various government ministers starting what became continually extensive communication between Morganist Economics and politicians. This movement developed new macroeconomic and pension policies that were implemented to stabilise the economy. After the high level of application of the contents of the paper and the implementation of the recommended pension reforms, put forward by Morganist Economics, the targeted rates of economic growth and inflation were attained between 2010 to 2019. Public sector debt cost efficiencies were achieved by rearranging governmental pension taxation relief liability payments, through altering the methodology of annually contributing into pension schemes. The new concepts and technical workings in this paper led to unprecedented economic stability and tremendous governmental financial savings between 2010 to 2019. Pension saving has been optimised and the implementation of the new Morganist school of economic thought has become an extremely successful reality. Pension saving is now a macroeconomic tool in its own right, proven effective by its extensive application within the United Kingdom. The paper was originally well received, being acknowledged with great support from various politicians and government ministers. The former Chancellor of the Exchequer the Rt Hon George Osborne, confirms this in a letter enclosed in this book. Although it has mainly been adopted by the Conservative party, aspects of the Morganist school of economic thought have been well utilised by all of the mainstream political parties within the United Kingdom.