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The Economics of Speed: Machine Speed as the Key Factor in Productivity - Bernard C. Beaudreau

The Economics of Speed: Machine Speed as the Key Factor in Productivity

Buch | Hardcover
XVI, 122 Seiten
2019 | 1st ed. 2020
Springer International Publishing (Verlag)
978-3-030-26712-4 (ISBN)
CHF 179,70 inkl. MwSt
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This is the first book to examine the "nuts and bolts" of production processes. It proposes a truly consilient approach to modeling production processes - one that goes beyond the vague principles found in standard economics - and provides details that are consistent with the applied mechanics and engineering literature. Providing a credible analysis of some of the most pressing questions of our era, such as the productivity slowdown and the information paradox, and bridging the gap between engineering, applied physics, economics, and management science, this book is a fascinating read for anyone interested in industry, the modern economy, and how physical factors constrain productivity growth.


Bernard Beaudreau is a professor and program director in the Department of Economics, University of Laval, Canada. In recent decades, he has focused his work on the underpinnings of productivity growth, with a special emphasis on the physics (mechanics and thermodynamics) of the underlying production processes.

Chapter 1. Introduction.- Chapter 2. The Trouble with Production Theory.- Chapter 3. The Economies of Speed, KE=1/2mv2 and the Productivity Slowdown.- Chapter 4. The Kinetics Approach to Production: Theory and Evidence.-  Chapter 5. The Profitability of Speed-Ups.- Chapter 6. The End of the Age of Speed and The Productivity Slowdown.- Chapter 7. The Physical Limits to Economic Growth by R&D-Funded Innovation.- Chapter 8. Speed and the Great Depression.- Chapter 9. Summary and Conclusions.

Erscheinungsdatum
Reihe/Serie Lecture Notes in Production Engineering
Zusatzinfo XVI, 122 p.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Gewicht 367 g
Themenwelt Technik
Schlagworte Consilient Models of Material Processes • Economies of Speed • Engineering Economics • History of Productivity Growth • Machine Speed • Machine Speed-Ups • Productivity growth • Productivity Slowdown • Role of Labor and Capital in Material Processes
ISBN-10 3-030-26712-1 / 3030267121
ISBN-13 978-3-030-26712-4 / 9783030267124
Zustand Neuware
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