Routledge Mathematical Economics and Dynamics of Capitalism

Explore the advanced mathematical tools used to understand the dynamics of capitalist economies in this volume from the Routledge Frontiers of Political Economy series. Building on the work of Richard Goodwin, a pioneer in economic modeling, this book provides a rigorous extension of his methods regarding macro-dynamics and the micro-structures that support them. This collection offers a wide range of research perspectives, including an integrated Marx-Keynes-Schumpeter (M-K-S) system for studying capitalist dynamics. Readers can examine various economic approaches, from detailed business cycle analyses to the Schumpeterian processes of creative destruction. It is an essential resource for those studying the mathematical foundations of economic systems and the evolving theories of macro-dynamics.