The Foundations of Non-Equilibrium Economics
Author | : Sebastian Berger |
Publisher | : Routledge |
Total Pages | : 214 |
Release | : 2009-09-10 |
ISBN-10 | : 9781135256432 |
ISBN-13 | : 1135256438 |
Rating | : 4/5 (32 Downloads) |
Download or read book The Foundations of Non-Equilibrium Economics written by Sebastian Berger and published by Routledge. This book was released on 2009-09-10 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thought-provoking volume seeks to answer some of the ultimate economic questions in terms of a theory that emerged with Adam Smith and is now come to full fruition; the principle of circular and cumulative causation (CCC) This full-fledged theoretical framework explains the whole interplay of technology, firms, resources, culture, institutions and economic policy to understand the basic drives behind modern day economic dynamics.