Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

Rethinking Economic Behaviour: How The Economy Really Works

4.3/5 ( ratings)

Treating the market economy as a complex adaptive system offers a better explanation of how it works than does the mechanical analogy of neoclassical equilibrium theory. The nonlinear interactions of millions of individual human beings, coupled with the influence of chance, result in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in the spatial locations of economic activity. Rethinking Economic Behaviour demonstrates the implication of complexity theory for business and government decision-making, and concludes with an assessment of the future evolution of the market economy.

Language: English

Pages: 234

Format: Hardcover

Publisher: Palgrave MacMillan

Release: September 29, 2000

ISBN: 0333779266

ISBN 13: 9780333779262

Rethinking Economic Behaviour: How The Economy Really Works

4.3/5 ( ratings)

Treating the market economy as a complex adaptive system offers a better explanation of how it works than does the mechanical analogy of neoclassical equilibrium theory. The nonlinear interactions of millions of individual human beings, coupled with the influence of chance, result in the emergence of markets. Other regularities emerge in the patterns of economic growth, business cycles and in the spatial locations of economic activity. Rethinking Economic Behaviour demonstrates the implication of complexity theory for business and government decision-making, and concludes with an assessment of the future evolution of the market economy.

Language: English

Pages: 234

Format: Hardcover

Publisher: Palgrave MacMillan

Release: September 29, 2000

ISBN: 0333779266

ISBN 13: 9780333779262

More books from David Simpson

The End of Macro-Economics?

3.4/5 ( ratings)

Adaptation, Complexity and Growth: The Rediscovery of Classical Economics. David Simpson

3.3/5 ( ratings)

Financial Sanity: In Three Easy Lessons

The Radical Approach: Papers on an Independent Scotland

The Political Economy Of Growth: Classical Political Economy And The Modern World

The Economics of Self-Government in Scotland

The Scottish Debate: Essays on Scottish Nationalism

Rate this book!

Write a review?