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Paperback Longrun Dynamics: A General Economic and Political Theory Book

ISBN: 0333778367

ISBN13: 9780333778364

Longrun Dynamics: A General Economic and Political Theory

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Format: Paperback

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$56.00
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Book Overview

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 general theory also provides an entirely new basis for policy and is designed to counter the influence of neo-liberalism in economic theory.

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