ABSTRACT

Technical skill is mastery of complexity while creativity is mastery of simplicity.1

Chris Zeeman

To simplify complicated issues related to growth with money, this book proposes an alternative approach to the traditional approaches. The numerous models proposed in this study demonstrates that the approach in modeling household behavior proposed in study is effective in analyzing many dynamic issues, in comparison to, for instance, the Ramsey approach. When speaking about developing a new theory, I am aware of the following criteria of a theory proposed by Kuhn.2