Latest book offers new theory in understanding economic situations

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David Billings releases ‘Introducing Economic Actualism’

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After a religious experience in his childhood, author David Billings was inspired to investigate the nature of economic growth and the unconventional occurrence of “getting poorer [even] when the social record tells us [that] we are getting richer.” With this comes his growing theory, considerably a new paradigm along with capitalism and socialism, that of “economic actualism.” In this debut publication, “Introducing Economic Actualism” (published by AuthorHouse) addresses long-standing and extensively studied economic dilemmas using a fresh theory that allows the application of a wider understanding to economic situations.

Billings considers this book as the first to: explain the logic behind the creation of economic bubbles as a combination of duress, ineffectiveness and inversion; systematically explore the thesis that human society is the confusion of nominal and actual wealth; describe duress as the primary source of economic uncertainty; systematically acknowledge the role of communication in reforming economic bubbles and the challenges which idolatry poses to this process; introduce the psychological stresses of economic participation; and, explain the existential confusion of the left-right political paradigm.

With the use of economic actualism, the author gives answers to questions such as: how to reduce damage both to and from the economy, how to find actual—rather than nominal—wealth, and how the economy can “drive us all crazy.” Billings furthermore offers readers the optimism of achieving the ability to succeed over economic trials.

“Introducing Economic Actualism” shares:

Our economic theories don’t work anymore. Perhaps, they never did. Capitalism, socialism and communism all seem outdated.

Economic actualism has been boiled down the study of how nominal and actual economic reality differ into three main branches of study: the uncertainty which is created by the act of economic measurement, the manners by which nominal and actual economic data are certain to diverge, and the social feedback systems which help to keep the first two principles under control. At the present time in North American society, our neglect of all three of these principles is combining to mechanically subvert the quality of our society.

“Introducing Economic Actualism, Second Edition”
By David Billings
Hardcover | 6 x 9in | 212 pages | ISBN 9781504973335
Softcover | 6 x 9in | 212 pages | ISBN 9781504973359
E-Book | 212 pages | ISBN 9781504973342
Available at Amazon and Barnes & Noble

About the Author
David Billings has spent a lifetime watching society fluctuate between actualist and nominalist perspectives with both curiosity and dismay. His wordless wonder of the enduring economic dilemma as an 8-year-old was carried through university degrees in commerce, social organization and human relations, as well as economics from the University of Western Ontario, plus biological engineering from the University of Guelph. For more information on Billings’ “Introducing Economic Actualism, Second Edition,” visit

AuthorHouse, an Author Solutions, Inc. self-publishing imprint, is a leading provider of book publishing, marketing, and bookselling services for authors around the globe and offers the industry’s only suite of Hollywood book-to-film services. Committed to providing the highest level of customer service, AuthorHouse assigns each author personal publishing and marketing consultants who provide guidance throughout the process. Headquartered in Bloomington, Indiana, AuthorHouse celebrated 15 years of service to authors in Sept. 2011.For more information or to publish a book visit or call 1-888-519-5121. For the latest, follow @authorhouse on Twitter.

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