£108.62

MACMILLAN Shaking the Invisible Hand - Economics Book

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Description

Shaking the Invisible Hand: Complexity, Endogenous Money and Exogenous Interest Rates offers a fresh perspective on how economies function. This book argues that economies are complex systems, moving away from traditional models to develop a unique dynamic nonequilibrium process analysis of macroeconomics. Readers will gain a foundational understanding of complex systems, chaos theory, and unit roots. By exploring the importance and implications of contingency for economic behavior, this work provides a new framework for understanding the forces that drive economic activity. It is a valuable resource for those studying economic policy and development through the lens of modern complexity theory.

Key Features

Explores economies as complex systems through a unique dynamic nonequilibrium process analysis of macroeconomics.

Provides a clear introduction to essential concepts including complex systems, chaos theory, and unit roots.

Examines the role of contingency in economic behavior and its wider implications for the field.

Addresses the relationship between endogenous money and exogenous interest rates within economic models.

Developed by Palgrave Macmillan for academic and professional study in economics and policy.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
04 April 2006
Listed Since
27 May 2016

Barcode

No barcode data available

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