Raymond Makewell has lived and worked in Australia, Europe, the United States and the Middle East. The majority of his professional life has been spent in banking and the computer industry. He had senior roles in the design of new technologies for banks by multinational companies and in the application of these technologies by banks. He discovered the economic teaching of Leon MacLaren in the late 1970s and has run public courses teaching these ideas for many years.
In 2007 he undertook a Bachelor of Economics degree and found that what was taught in universities about how people and business behaved was completely unlike what he had observed during 40 years of international business experience, and that economics was being considered devoid of history, politics and ethics. Although there was material in print which challenged many ideas of the neo-classical economists, there was very little available that presented a comprehensive, cogent, alternative view of the economic system. This book has been written to address that gap.