Longrun Dynamics |
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| Author:
| Snooks, Graeme Donald |
| ISBN: | 978-1-283-19043-5 |
| Publication Date: | May 2014 |
| Publisher: | Palgrave Macmillan
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| Book Format: | Ebook |
| List Price: | USD $122.00 |
Book Description:
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Longrun Dynamics is a ground-breaking work that begins where the author's Economics without Time (1993) left off. It employs the inductive method proposed by J.S.Mill to develop a general dynamic theory that integrates the separate disciplines of economic growth, economic fluctuations, and political decision-making. The central feature of this general theory is dynamic demand, which provides both a realist form for the model and a new explanation of macroeconomics variables. The...
More DescriptionLongrun Dynamics is a ground-breaking work that begins where the author's Economics without Time (1993) left off. It employs the inductive method proposed by J.S.Mill to develop a general dynamic theory that integrates the separate disciplines of economic growth, economic fluctuations, and political decision-making. The central feature of this general theory is dynamic demand, which provides both a realist form for the model and a new explanation of macroeconomics variables. The general theory also provides an entirely new basis for policy and is designed to counter the influence of neo-liberalism in economic theory.