A Critique of Orthodox Economics: An Alternative View - Couverture souple

Lydall, Harold

Couverture souple

ISBN 10 : 0333725425 ISBN 13 : 9780333725429

Editeur : Palgrave Macmillan, 1998

Synopsis

Modern neoclassical economics is a theory of general equilibrium. It is based on highly unrealistic assumptions and yields a number of false predictions. The alternative model, presented in this book, uses a wider definition of technology, and emphasises the role of the entrepreneur as the primary agent of change. Because it takes time for firms to improve their technology, and to acquire the necessary finance for expansion, there are wide differences in firm sizes, and in their profitability. The competitive struggle to develop better technology raises the level of productivity of the whole economy, and leads to higher real incomes.

Détails de l'édition

• Éditeur: Palgrave Macmillan
• Date d'édition: 1998
• Langue: anglais
• ISBN 10: 0333725425
• ISBN 13: 9780333725429
• Reliure: Broché
• Nombre de pages: 208
• Coordonnées du fabricant: non disponible
• Personne responsable: Koch-Chemie GmbH; https://www.koch-chemie.com; ; Einsteinstr. 42; Unna; 59423; Allemagne