| List of Tables | p. xii |
| List of Figures | p. xiii |
| Preface | p. xvi |
| Introduction | p. 1 |
| The Human Income-Expenditure Balance | p. 5 |
| The Human Income-Expenditure Balance in a Non-Monetary (Robinson Crusoe) Economy | p. 6 |
| Framework of Analysis | p. 6 |
| Diminishing Utility and Demand for Consumption Goods | p. 6 |
| Allocation of Time and the Supply of Consumption Goods | p. 8 |
| The Human Income-Expenditure Balance (Basic Human Accounting) | p. 9 |
| The Emergence of Tools, Deferred Consumption, and Basic Human Accounting | p. 11 |
| Pure Investment and Expansion of Demand and Production | p. 14 |
| The Human Income-Expenditure Balance in a Monetary Economy (a Household/Firm Model) | p. 16 |
| The Role of Money in an Economy with Households and Firms | p. 16 |
| The Income-Expenditure Balance for Households and Firms Where Households Own the Stock of Consumption Goods | p. 17 |
| The Income-Expenditure Balance for Households and Firms Where Some Consumption Goods Are Diverted for "Pure" Investment | p. 22 |
| The Income-Expenditure Balance for an Economy Including a Government Sector | p. 23 |
| The Fundamental Drivers of Demand | p. 26 |
| Implications of Our Analysis Based on the Income-Expenditure Balance | p. 26 |
| The Need for Analysis of Human Desire | p. 28 |
| Fundamentals of the Theory of Diminishing Utility | p. 31 |
| The Utility Attrition Function and a Model of Human Desire | p. 31 |
| The Utility Attrition Function and a Typical Example | p. 31 |
| Special Examples of Utility Attrition Functions | p. 33 |
| The Relationship Between Diminishing Utility and Human Desire | p. 35 |
| A Consideration of Consumption Units | p. 38 |
| Modeling the "Utility Account" and Derivation of the Goods Utility Function | p. 39 |
| Modeling the "Utility Account" and Derivation of the Goods Utility Function | p. 40 |
| Attributes of the Goods Utility Function | p. 43 |
| Changes in the Utility Attrition Rate and Their Impact on Demand | p. 45 |
| The Goods Utility Function Under Relaxed Assumptions | p. 47 |
| An Extension of the Concept of Diminishing Utility and Factors that Determine the Utility Attrition Rate | p. 50 |
| The Relativity of Utility Attrition Rate Determination | p. 50 |
| The Impact of Goods Maintenance and Damage | p. 53 |
| Utility Attrition and Its Causes | p. 55 |
| Real Utility Attrition and Monetary Utility Attrition | p. 57 |
| Analysis of a Non-Monetary Economy | p. 59 |
| Derivation of the Expected Goods Utility Function and Determination of Output Quantities | p. 61 |
| Maximizing Expected Goods Utility with Multiple Goods | p. 61 |
| Derivation of the Expected Goods Utility Function | p. 63 |
| Determination of Output Quantities for Given Labor Time | p. 65 |
| Derivation of the Leisure Utility Function | p. 66 |
| Maximization of Expected Total Utility and Simultaneous Determination of Output Quantities and Resource Allocation | p. 67 |
| Definition of Expected Total Utility Function and Maximization Conditions | p. 67 |
| The "Basic Equation of Labor" and Robinson Crusoe's Subjective Equilibrium | p. 68 |
| Framework for Simultaneous Determination of Output Quantities and Resource Allocation | p. 70 |
| Meaning and Impact of Changes in the Ratio Between Utility Parameters | p. 70 |
| Determination of Pure Investment Good Output Quantity and the Supply-Demand Adjustment Process | p. 72 |
| Commissioned Labor and Determination of Pure Investment Good Output Quantity | p. 72 |
| The Supply-Demand Adjustment Process for Pure Investment Goods | p. 73 |
| Extension to Analysis of a Monetary Economy | p. 75 |
| Analysis of a Monetary Economy and Determination of Output Quantities and Resource Allocations | p. 77 |
| Analysis of Household Behavior | p. 77 |
| Analysis of Corporate Behavior | p. 81 |
| Derivation of the Equilibrium Price Ratio | p. 83 |
| The Income Distribution Principle Under Profit Maximization and Derivation of the Labor Supply Curve | p. 85 |
| Labor Market Equilibrium | p. 87 |
| Framework for Simultaneous Determination of Output Quantities and Resource Allocation | p. 90 |
| Household Savings and Determination of Pure Investment | p. 91 |
| The Supply-Demand Adjustment Process for Pure Investment Goods | p. 93 |
| Introduction of Monetary Elements and Completion of Our Framework | p. 94 |
| The Loanable Funds Theory and Determination of Interest Rates | p. 94 |
| The Relationship Between the Utility Attrition Rate and the Money Supply | p. 96 |
| The Quantity Theory of Money and the Determination of Price and Money Wage Levels | p. 98 |
| Measurability of the Utility Attrition Rate | p. 101 |
| Measuring the Utility Attrition Rate | p. 102 |
| A Simple Worked Example | p. 103 |
| Human Psychology and Economic Fluctuation | p. 107 |
| Human Psychology and the Economic Cycle | p. 108 |
| Non-Linearity of the Utility Attrition Function and the Emergence of an Economic Cycle | p. 108 |
| Monetary Factors and Their Impact on the Economic Cycle | p. 114 |
| The Formation and Collapse of a Financial Bubble | p. 117 |
| Changes in Industrial Structure and Their Impact on the Economic Cycle | p. 119 |
| Human Psychology and Economic Growth | p. 120 |
| Pure Investment Activity by Firms and Economic Growth | p. 120 |
| A Brief Consideration of Technological Innovation | p. 122 |
| The Effectiveness of Aggregate Demand Management Policy | p. 125 |
| Controllable Loan Balances and Utility Attrition | p. 125 |
| The Relationship Between Market Interest Rates and Utility Attrition | p. 125 |
| Equilibrium Conditions for the Loan Market | p. 127 |
| Determination of the Utility Attrition Rate and the Market Interest Rate | p. 129 |
| The Effectiveness of Aggregate Demand Management Policy and Characteristics of Our Theoretical Framework | p. 131 |
| The Effects of Fiscal Policy Action | p. 131 |
| The Effects of Monetary Policy Action | p. 132 |
| The Classical Dichotomy and Our Theoretical Framework | p. 133 |
| Dynamic Analysis of Demand Psychology and Policy Implications | p. 135 |
| Derivation of the Purchase Price Function for a Representative Household | p. 135 |
| The Relationship Between Goods Supply Prices and a Household's Reconsumption Cycle | p. 135 |
| The Purchase Price Function for a Representative Household | p. 137 |
| Derivation of the Cumulative Purchase Quantity Function and Dynamic Aspects of Demand | p. 138 |
| The Distribution of Purchase Prices Throughout the Household Sector and Derivation of the Cumulative Purchase Quantity Function | p. 139 |
| Dynamic Aspects of the Demand Quantity Determination Process for the Household Sector | p. 140 |
| Short-Term Economic Stimulus Measures | p. 142 |
| The Impact of Non-Discriminatory Spending Policy | p. 142 |
| The Impact of Non-Discriminatory Spending Policy During a Deep Recession | p. 143 |
| Discriminatory Spending Policy and Its Effectiveness | p. 145 |
| Estimating the Cumulative Purchase Quantity Function | p. 147 |
| Points to Consider Regarding Discriminatory Spending Policy | p. 150 |
| A Summary of Our Theoretical Framework | p. 153 |
| A Summary of Our Theoretical Framework and Its Characteristics | p. 153 |
| A Summary from the Perspective of Microeconomic Theory | p. 153 |
| A Summary from the Perspective of Macroeconomic Theory | p. 156 |
| Characteristics of Our Theoretical Framework | p. 159 |
| A Brief Discussion of Underemployment Equilibrium Analysis | p. 160 |
| The Labor Market and Downward Rigidity of Money Wages | p. 160 |
| Corporate Profit Trends and Labor Adjustments (in Terms of Household Numbers) | p. 163 |
| Directions for Future Research | p. 166 |
| References | p. 169 |
| Index | p. 173 |
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