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EIR Special Report, The New Economics,
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February 2012

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EIRSP 2012-1-- "New Economics" Special Report

On Jan. 18, America’s leading economist and statesman Lyndon LaRouche gave a special State of the Union address on LPAC-TV, in which he outlined a comprehensive perspective on what could be called the “New Economics” required for mankind’s survival. This report is devoted to presenting his unique argument, and backing up it up with in-depth material which has been prepared by LaRouchePAC’s Basement Scientific Team.

As you are undoubtedly aware, virtually every economist is the world is totally flummoxed by the current financial/economic breakdown crisis. They demand austerity, but know it kills growth. They turn on the printing presses and create hyperinflation. The British Empire’s monetarist system, which has taken over the world increasingly since the death of President John Kennedy, is dead, and must be replaced with the living system which Mr. LaRouche, the only major economist to forecast the current breakdown crisis, has uniquely devised.

To be able to implement this program, Mr. LaRouche stressed from the outset of his State of the Union speech, means addressing first and foremost the threat to the survival of the United States and the world by the British drive for thermonuclear war. That means removing British puppet Obama from power—a move that will simultaneously make possible the urgent change in economic direction Mr. LaRouche went on to outline. We then focus on the three science-driver programs Mr. LaRouche identified: the North American Water and Power Alliance (NAWAPA), Arctic development, and the Moon-Mars program. LaRouche’s powerful presentation of the Mars colonization program in his 1988 presidential campaign is also included.

As an appendix, we provide essential backup for Mr. LaRouche’s argument for returning to the Constitutional principles of FDR’s Glass- Steagall, and a Hamiltonian credit system, principles which virtually no other economist in the world understands as principles, even though they are essential to bringing the world economy out of the global breakdown crisis into which we are now submerged.

Since Mr. LaRouche’s State of the Union address, his collaboration with the Basement Team has resulted in a breakthrough scientific approach to demonstrating the incompetence of monetarism and greenie-ism. These two video presentations, available on the LaRouche PAC website, provide a crucial complement to the material you have in your hands.

If you want to know how to get humanity out of this desperate crisis, this is the report you need to read and study.



State of the Union: LaRouche Presents a Vision for America’s Future 1


Project Overview 16

NAWAPA, from the Standpoint of Biospheric Development 19

II: Arctic Development

Economics for the Future of Mankind: Self-Developing Systems and Arctic Development 28

III: The Moon-Mars Mission

From the Moon to Mars: The New Economics 43

‘The Woman on Mars’ (excerpt) 53

IV: Appendix

Constitutional Principles for a Recovery 58

The First Step is FDR’s Glass-Steagall 59

Franklin Roosevelt’s 1933 Glass-Steagall Act 61

A Matter of Principle: Alexander Hamilton’s Economics Created Our Constitution 62