Overview

The Synoptic of TECONOMIC OF VERBALISM The exponential expansion of use of words, have been companion of economic progress and advancement of modern human lives, this has been more than parallelism, but cause and effect correlational development. Dr. Bahman Fakhraie studies 1900-2015 data for examples of technological injections of Verbalism. The Teconmics of Verbalism synthesizes that the trifurcated forces of governances, finance, and economic markets and their global technological interdependencies have exerted inordinate forces to shape societal constructs. The income elasticity and mathematical studies of elemental aspect of Gross Domestic Product, or an estimation of nominal and real summation of economic activities, in GDP growth, and money velocities are applied, in order to elevate comprehensions of vital fields of modern new field of teconometric studies. The graphics support the hypothesis in comprehension of data. Mathematical presentations in the appendices reintroduce wage and distribution relations in the discussion of modern economic value and distribution theory. Monopolists, and wealth concentrators, to the detriment of balanced-economics have deviated from the necessary, sufficient and sustainable, economic conditions. They have distorted these distributive-relations (and half of millennial settled and functional formulations), too far away from competitively free market arguments; nevertheless, in the shadows of free market economies, while benefiting from the infrastructure of democratic governance, and market economies. The political game theory partial equilibrium-solutions have left hazardous economic byproducts, global instabilities, dysfunctional political economic conditions, which are studies under this new field of Teconomic of Verbalism. These are reasons to recommend this book highly, as the scholarly vivid study of technological injections and influences of verbalism in modern economics and political economic, fields. ABSTRACT (of Teconomics of verbalism) In this study, the syllabication advances the syllogism of supply and demand causations of technological injection and shifts of exponential increase in words usage in United States of America for 1900 to 2015. This is researched under Teconmics of Verbalism. The Teconmics of Verbalism synthesizes that the trifurcated forces of governances, finance, and economic markets and their global technological interdependencies have exerted inordinate forces to shape societal constructs, in modern times. It is very important to garnish this study and research at this holistic unorthodox economic level. Because the elemental resources employment and utilization aspects introduced in this study are widely applied, and they have obtained global prominence and importance. They are different from the bloviated-exaggerated verbigeration that inundates and under serves humanity in different formats. The income elasticity and mathematical studies of elemental aspect of Gross Domestic Product, or an estimation of nominal and real summation of economic activities, in GDP growth, and money velocities are applied, in order to elevate comprehensions of vital fields of modern new field of teconometric studies. These are part of Dr. Bahman Fakhraie's research, which have been initiated since middle of 1970s. They have been presented in different presentations, and book publications. Therefore, the value theory of economic variables and conditions, which influence the aggregated data in fiscal economics, can become comprehensible to the practitioners in all three fields. It is important to realize scientific bases beyond verbigeration that will serve to construct our future systems on firmer foundations, stronger than words of conflicts, with structures, organizational coordination, planning, and leaderships to accomplish the constructional sustainable relations, which will engender sustainable economic progress.

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